Saturday 23rd November 2024,
The Hoop Doctors

No Progress As Result of Today’s Labor Meetings

Apparently, the players made concessions with regard to player salaries, but owners are not budging when it comes to wanting the hard salary cap.

The start of the NBA season was thrown into doubt Tuesday after players and owners made no progress at a key labor meeting, with no further talks scheduled.

Union executive director Billy Hunter says players were prepared to make a “significant” financial move, but found owners unwilling to budge off their positions.

Union president Derek Fisher of the Lakers said he will tell players that “the way it looks right now we may not start on time.”

Fisher added that “we can’t find a place with the league and our owners where we can reach a deal sooner rather than later.”

Source: AP on ESPN.com.

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