NEW YORK (AP) - NBA owners and players have ended negotiations for the night after meeting for more than eight hours.
They met late into the night Saturday in hopes of ending the lockout before it could do further damage to an already-shortened schedule. Federal mediator George Cohen faces a difficult task in trying to help the sides close the financial gap that derailed talks again last week.
Owners are determined not to give players anything more than a 50-50 split of basketball-related income. Players, who were guaranteed 57 percent under the old collective bargaining agreement, have proposed a reduction to 52.5 percent, leaving the sides about $100 million apart annually based on last season's revenues.
Commissioner David Stern already has canceled all games through November.
By John Solomon
How the government's punishing of the exposure of official wrongdoing can linger for years
Independent voices from the TWT Communities
A collection of reader guest articles, thoughts and opinions by Communities writers and breaking news and information.
Great discoveries in the world of restaurants and chefs fulfill the quest for delicious food and cooking.
Paul Rondeau dissects the propaganda, media tricks, and other shenanigans targeting our families, faith, and freedom…and even life itself
“Right Angles” explores serious subjects, such as the Islamization of the Middle East and delegitimization of Israel, with humor, candor and a twist.
Benghazi: The anatomy of a scandal
13 Photos
Vietnam Memorial adds four names
18 Photos
Cinco de Mayo on the Mall
11 Photos
NRA kicks off annual convention
8 Photos
