- GOP hopes taking shutdown off the table with budget deal will pay dividends
- Chinese Death Star: The moon cited as the perfect launch pad for ballistic missiles
- Help wanted: Homeland Security plagued by vacancies at the top
- We are not amused: Queen’s protection officers warned to keep ‘sticky fingers’ off the royal cashews
- Unleash the crossbows: Gov. Scott Walker creates new hunting season
- Bubonic plague kills 20 in Madagascar
- G-20 diplomats fell for hacker attack promising nude photos of former French first lady Carla Bruni
- Minnesota guardsman charged with stealing private soldier data for fake IDs
- Florida appeals court rules universities can’t regulate guns
- Vladimir Putin defends Russian conservative values
Stern says Miami’s Big 3 acted within rights
One representative from each team met with Stern and NBA officials on Monday, where other conversations besides free agency included an update on the league’s labor deal, negotiations with the players’ association, and revenue sharing. Owners want a “much revised” system, Stern reiterated, while saying the union would like the present system to remain largely intact.
“Our finances are what they are,” said Stern, who added that the league lost about $370 million this past season.
The league will contact the union later this summer, “to continue our dialogue,” Stern said. The current collective bargaining agreement is set to expire at the end of the 2010-11 season, and a lockout is possible on July 1.
“We are very anxious to make an agreement,” Stern said.
- Obama's Afghanistan experts stumped on U.S. death toll, war costs during hearing
- NAPOLITANO: A conspiracy so vast
- House pushes through two-year Ryan-Murray budget deal
- Comma on!: Twitter erupts over Obama-Castro 'marriage'
- Biden guarantees victory on immigration reform
- Obama takes 'selfie' at Mandela's funeral service
- U.S. pilot scares off Iranians with 'Top Gun'-worthy stunt: 'You really ought to go home'
- CARSON: Why did the founders give us the Second Amendment?
- VEGAS RULES: Harry Reid pushed feds to change ruling for casino's big-money foreigners
- All-out war breaks out in GOP over budget pact
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