David Stern, Nba Owner | featured news

After 15 hours of negotiating that began on Friday, the two sides have 'reached a tentative understanding' early Saturday morning, Commissioner David Stern says. It took 149 days and countless hours of hand-wringing, but the NBA lockout finally appears to be over.

If you think this deal is bad, wait until tonight. That's essentially what NBA owners have told the league's players as the two sides continue to try and hammer out a labor deal. NBA players have until 5 p.m. Wednesday to accept an offer from NBA owners on a revenue split or the next deal that's offered will be much worse. On Tuesday, the NBA player's union said they were not going to fold in the face of the owner's ultimatum. "There isn't any player that wants us to take a bad deal," National Basketball Players Association president Derek Fisher said.

In a letter, Derek Fisher denies reports of attempts to cut a deal with Commissioner David Stern without the support of other union leaders.

Multiple sources predict a 78-game NBA season will be staged if the players and owners can compromise on the revenue split by next weekend, the New York Post reported Sunday. After hatcheting November's games following another labor negotiation breakdown, NBA commissioner David Stern proclaimed officially Friday that there is no longer a chance of squeezing in an 82-game schedule with a Dec. 1 starting date.