Updated: November 10, 2011, 7:26 am ET

No Labor Deal Yet; Talks Continue Today

By HOOPSWORLD
Basketball News & NBA Rumors

David Stern’s deadline passed without a deal, though the NBA and its players will talk again Thursday.

The NBA commissioner wouldn’t give any hints about what that means for hopes of ending the lockout.

“I would not read into this optimism or pessimism,” he said. “We’re not failing. We’re not succeeding. We’re just there.”

Players and owners met for more than 12 hours on the 132nd day of the lockout, an important one after Stern warned that if players didn’t agree to the league’s latest proposal by the end of the business day, a far worse one would be coming.

via Associated Press

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