Nba Players' Union, Nba Lockout | featured news

NBA owners and players called it an early night Thursday, with both pointing toward Friday as a decisive day for big moves to end the 119-day lockout. Or not. After two days of talks about the salary cap system, they will turn their attention back to the division of revenues, which derailed the talks last week.

The N.B.A. has informed the players association that it will not resume negotiations on a new labor deal unless the union first agrees to a 50-50 split of revenues — a condition that has been rejected by union leaders, according to two people who have been briefed on the talks.

No labor deal, no training camps and no telling what else the NBA could lose. The lockout is about to start inflicting damage on the preseason schedule — and neither players nor owners can say what will happen to the real games. The league will cancel training camps and some exhibition games Friday after failing to reach a new collective bargaining agreement with its players, a person with knowledge of the plans told The Associated Press on Thursday on condition of anonymity because the league had yet to announce its plans.

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Just weeks after the conclusion of a season that featured riveting story lines and soaring interest, the NBA is about to become the second professional sports league since March to shut down operations because its players and owners can’t agree on how to divide league revenue.

NBA players are not happy with the latest formal collective bargaining proposal from the league's owners, saying the new offer of a 10-year deal is only marginally different from the original one the owners made ...