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Reports: No new NBA labor meetings scheduled
Posted By HOOPSWORLD On November 2, 2011 @ 1:11 am In All,Wirenews | Comments Disabled
With NBA labor talks stuck in an impasse, no new meetings between owners and the players union have been scheduled, according to numerous reports.
The parties met for three consecutive days last week before talks broke down over the splitting of basketball-related income. Owners are holding a hard line in insisting on a 50-50 split of the BRI, while the players are said to want a 52-50 split.
Executive director of the union Billy Hunter sent a letter to players Tuesday that urged them to stand united.
“The owners need to know that we will stand strong until they are ready to finish negotiating a fair deal — not one reached with preconditions, and not one forced down our throat with the threat of missed paychecks,” Hunter wrote.
Commissioner David Stern has already cancelled games through the end of November, ending any hope of playing a full 82-game schedule.
Tuesday night would have marked the beginning of the regular season had an agreement on a collective bargaining been reached.
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