Negotiators meeting on deadline day in NBA talks
Monday, October 10, 2011
NEW YORK (AP) -- Facing a Monday deadline to reach a deal or have regular-season games canceled, NBA owners and players have resumed talks toward ending the lockout.
Commissioner David Stern said last week he could cancel the first two weeks of the season Monday without a new deal. Opening night is scheduled for Nov. 1.
Top negotiators for both sides returned about 14 hours after ending talks Sunday night. They are still apart on the main issues of the division of revenues and salary cap system, with many lesser items still not even discussed.
Owners locked out the players July 1 when they couldn't reach a deal before the expiration of the old collective bargaining agreement.