ESPN's Chris Broussard:
The NBA and its locked-out players are unlikely to meet again before Monday, almost assuring the first two weeks of regular-season games will be canceled...

Sources told ESPN The Magazine's Chris Broussard that the union asked for the meeting, and the owners agreed -- on the condition the players agree to a 50-50 split of basketball-related income. When the union rejected that stance, the owners said there was no need to meet, the sources said.

NBA spokesman Tim Frank confirmed to ESPN The Magazine's Ric Bucher that the owners are sticking to the 50-50 revenue split. But he said it was the players, not the owners, who declined to meet.

"We told the union today that we were willing to meet as early as Sunday," Frank said. "We also advised them that we were unwilling to move above the 50-50 split of revenues that was discussed between the parties on Tuesday but that we wanted to meet with them to discuss the many remaining open issues. The union declined."

As a result, the first two weeks of the season will almost certainly be canceled.

Union president Derek Fisher stayed in New York and apparently the union is optimistic they will meet with the owners one more time. Still, no further talks are scheduled and by all accounts it seems like both sides are willing to miss the season if need be.

There's reason to remain optimistic though, according to CBS' Ken Berger:

As the two sides saber-rattle their way into the next meeting -- whenever that might be -- I leave you with this quote from Friday's column in which a team executive tries to predict what happens next.

"You don't walk away from a deal that close to being done," the executive said. "You posture, you draq your heels, you pontificate, you demean the other side, you invoke all the evils in the world. But you don't walk away. Something's got to pop soon."

That's where we are. Get ready for some first-class hand-wringing, foot-stopping, finger-pointing and fireworks. That's how you know this is almost over.

Most are expecting a deal to be reached sooner rather than later, so there's reason to hold on to hope.

Michael Saver 10/08/2011 12:44:00 AM Edit
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7 Responses so far.

  1. JR says:

    The owners suck b/c they'll only meet if the players take their offer. lol. What if the players said, "We'll only meet if you take our offer?"

    Players are idiots, b/c 50/50 now is better than 52% down the road. And there's no guarantee they will even get the 52% if they wait.

    I hope people don't take this the wrong way, but it's kind of disturbing to hear LeBron and KG are advising the players on money matters. Neither spent a day in college. I wonder if I asked them what would they rather have 53% of of a 6 slice pizza or 50% of a 8 slice pizza, which they would choose.

  2. Yeah and you wonder why the NBA doesn't require you to go to college to play lol

  3. If there is no season it's bad for everyone, but if there is a strike shortened season... it's an advantage for teams that have familiarity with each other. Not to mention that it could close the gap between old and young when it comes to fresh legs.

  4. Anonymous says:

    i honestly have to say that the players are not looking innocent at all anymore cause they finally got the Owners to remove the Hard Cap option off of the table, now the owners are settling on a 50/50 agreement, the owners will not go for anything less and honestly getting your BOSS to meet you on anything halfway without getting something incriminating is a tremendous feat LOL

    the players should just take the deal and be done with this lockout nonsense, we need to focus on Banner 18

  5. Anonymous says:

    The owners 50-50 offer was offered with a revised system which involved shortening contracts, eliminating sign and trades, and reducing mid level exceptions plus other changes. Players agreed to drop from 57% to 53 % with a status quo system. I don't think the owners are negotiating in good fair considering this season had a record fan base and TV ratings. We know the $ players make but the owners have yet to open their books and reveal their claimed losses or their profits.

  6. tb727 says:

    This entire mess is 100% Derek Fisher's fault. No other way to cut it whatsoever.

  7. Anonymous says:

    You know; we have been in a recession for a little while now. This whole thing just bogus me. Unfortunately for the players, the Owners have them by the balls; like it or not, they make a deal now, and everybody gets a fair handshake or meet my demands and pay the price in 2 months. Come on players, be smart and take the deal.
    What upsets me the most, is that the only people that are really suffering with this, as usual is the lower class and people that count every coin, in order to pay for their bread. This whole thing is a shame; rich people suck.

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