Monday 23rd December 2024,
The Hoop Doctors

No Progress as Result of Yesterday’s Labor Meeting

Yesterday, both sides met in New York for the first time since the lockout began. Unfortunately, not much happened…

NBA owners and players held a formal collective bargaining session for the first high-level negotiations in a month Monday but after nearly three hours of discussions the sides emerged as far apart as they were when the day began.

“We’re still very, very far apart,” union president Derek Fisher said, adding the main obstacle to a deal continues to be the share of revenues each side will receive in the next collective bargaining agreement.

The sides agreed to try to organize their schedules in order to facilitate more meetings later this month. But as for Monday, nothing more of substance was accomplished, Fisher said.

Read more about yesterday’s meeting at ESPN.com.

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