NBA Owners and Players Talking Again
Written by Bob Whalon, Tuesday September 27 2011
Stern and Silver were joined at the meeting by Spurs owner Peter Holt, who leads the labor relations committee and NBA senior vice president and deputy general counsel Dan Rube. Fisher and union executive director Billy Hunter had attorneys Ron Klempner and Jeffrey Kessler with them, and economist Kevin Murphy will return on Wednesday.
Stern and Fisher said that they discussed the two major issues in the lockout, the salary cap system and the split of league revenues. Under the previous collective bargaining agreement, the players were guaranteed 57 percent of revenues, but the owners claimed that split was not economically feasible for them. They want to reduce the players' percentage to the 40s.
Training camps have already been postponed and all 43 preseason games scheduled for Oct. 9-15 were canceled on Friday. The sides need to agree on a new deal quickly in order to avoid any further damage to the NBA calendar. The regular season is scheduled to begin on Nov.1.
Tags:
Recent Lakers Articles
- 2012 Most Valuable NBA Teams, Players And Coaches
- Kobe Sets All Star Mark
- Can the "Lakers" pull out a win against the "Champs"-
- Lakers defeat the Trail Blazers, 103-92
- Mike Brown: Lakers looking for help
- NBA Players Reject Owners' "Best" Offer
- Magic Has HIV; 20 Years Later
- NBA Owners and Players Talking Again
- Sarah Palin had Affair with Glen Rice [VIDEO]
- NBA Season in Doubt as Talks Break Down















Leave a comment
Not So Fast! To publish your comment, you have to login
Not Registered? Register now as it only take 20 seconds!
Click here to browse
0 comments