- Associated Press - Friday, October 7, 2011

NEW YORK (AP) - Owners improved their offer and could do it again.

The players said they’re staying at their number.

There’s reason to believe a new NBA labor agreement could get done by Monday’s deadline, and plenty more _ millions of them, as in the dollars separating owners and players _ to think it won’t happen.

There have been no formal discussions since Tuesday, when players rejected the owners’ idea of a 50-50 split of revenues. Deputy Commissioner Adam Silver said that offer showed “even more potential movement on our part” and that owners “haven’t made a secret of the fact that we’d very much like to make a deal.”

The sides have a couple more days to try. If they fail, Commissioner David Stern said he will cancel the first two weeks of the regular season on Monday.

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