NBA expects more canceled games as talks collapse anew | Inquirer Sports

NBA expects more canceled games as talks collapse anew

/ 10:54 PM October 21, 2011

AP photo

NEW YORK—NBA labor talks turned nasty and broke off Thursday when three days of meetings failed to yield a deal to end a 112-day lockout, raising the likelihood that even more games will be canceled.

After 30 hours of negotiations before a federal mediator, the sides remained divided over two main issues—division of revenues and structure of the salary cap system.

ADVERTISEMENT

“We were unable to bridge the gap that separates the two parties,” NBA Deputy Commissioner Adam Silver said. “We understand the ramifications of where we are.”

FEATURED STORIES

Without a deal, NBA Commissioner David Stern, who missed Thursday’s session due to illness, almost certainly will decide more games must be dropped.

The season was supposed to begin Nov. 1, but all games through Nov. 14—100 in total—already have been scrapped, costing players about $170 million in salaries.

Previously, each side had proposed receiving 53 percent of basketball-related income after players were guaranteed 57 percent under the previous collective bargaining agreement.

Silver said the league formally proposed a 50-50 revenue split Wednesday, and the union moved from 53 percent to 52.5 percent Thursday.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Basketball, David Stern, Lockout, NBA, NBPA, Sports

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.