Mediation Fails to Bring Resolution; Talks Ended
After 30 hours of negotiations over three days, the two sides remained divided over two main issues — the division of revenues and the structure of the salary cap system.
“Ultimately 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. We’re saddened on behalf of the game.”
Union president Derek Fisher also acknowledged the seriousness of the situation.
“This is not in any way about ego,” he said. “There are a lot of people’s livelihoods at stake separate from us.”