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Last Chance For NBA Labor Talks

It is now two years since labor negotiations first began between NBA  union leaders and league officials, and time is running out with this year’s 82-game regular season of basketball on the line.  A meeting today in New York is expected to be one of the last opportunities for a deal to be made between the two parties.  “I’m focused on let’s get the two committees in and see whether they can either have a season or not have a season,” said NBA commissioner David Stern. The NBA lockout has been in position for 92 days, with owners claiming to have lost more than $300 million last season.  Owners are demanding shorter contracts, reduced maximum salaries and raises, and a more restrictive system for dividing revenues.  Players earned 57 percent of … Read entire article »

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