Top negotiators for the NBA and players' association will meet tonight in a last-minute effort to avoid canceled regular-season games. Commissioner David Stern has set Monday as the deadline for a new labor deal.
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Commissioner David Stern announced late Monday night that the first two weeks of the NBA's regular season have been cancelled. Stern met for seven hours with members of the player's association, but they couldn't come to a new labor agreement.
ESPN reports the meeting comes just days after the league canceled 43 preseason games scheduled to start next month.
NBA Commissioner David Stern has given players an ultimatium. They have until Wednesday to accept a chance to earn up to 51 percent of basketball-related income, or get ready for a deal that's a lot worse. While the union president says players won't be intimidated, Stern is ready to cancel more games if the labor issue isn't settled.
The remainder of the NBA exhibition schedule has been canceled and the first two weeks of the regular season will be cancelled if owners and players can’t agree to a new labor deal by Monday. NBA owners and players met for four hours Tuesday but failed to come any closer to a deal.
The NBA players union rejected the owner's final offer for a new collective bargaining agreement and are now set to disband and take the matter to court. Commissioner David Stern says the entire season is now in jeopardy.
NBA Players Association Executive Director Billy Hunter says the league is about to cancel games until Christmas unless a deal is reached 4:00 p.m. CT Wednesday. The Timberwolves have 14 games scheduled in December, 12 of which are before Christmas.
Timberwolves' No. 1 draft pick Derrick Williams says he will look into playing overseas if the NBA lockout isn't resolved "within the next week or so." NBA Commissioner David Stern announced Monday night that the first two weeks of the season have been cancelled.
The NHL and players union officials were on break from negotiations Saturday, but took a lunch break together anyway. The informal session in New York came as talks broke off Friday after four-straight days at the bargaining table.
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