Report: NBA, players’ union to meet Wed
Representatives from the NBA and the players’ union are expected to meet on Wednesday in New York City, ESPN.com reported on Tuesday.
The meeting will be the third since the league locked out its players on July 1 – although this expected get-together will include only a few representatives from both sides.
NBA commissioner David Stern, deputy commissioner Adam Silver and San Antonio Spurs owner Peter Holt will represent the league. Union director Billy Hunter, president Derek Fisher and counsel Ron Klepner will be the voice for the players.
The respective sides met last Wednesday for six hours in New York, and while no new proposals were offered by either side, both agreed that the session was somewhat productive.
Owners and players remain very far apart on the particulars of a new collective bargaining agreement. The owners claim to have lost more than $300 million last season and are looking for a revamped economic system that would install a “flex cap” and reduce total player salaries by between $700 billion and $800 billion.
The players presented the most recent proposal early in the summer, one which called for increases to their salary. They have categorized the flex cap as another term for a hard salary cap.