Apparently Dave Checketts is reporting a deal has been agreed to by Stern and Hunter.
lol and its being denied: http://basketball.realgm.com/wiretap...etting_It_Done
false rumors
Players and owners are so close that is would be more surprising to see them not reaching a deal than reaching one. Maybe they will need one more day to finalizing the agreement but there are reasons to be optimistic the NBA will be back for Christmas.
netw3rk netw3rk
Lockout Solution: teams losing money can designate one player to marry Kim Kardashian for up to 40 days.
1 minute ago
netw3rk netw3rk
When Mikhail Prokhorov can't attend meetings he sends three Latvian models & a tiny Giraffe who is authorized to vote on his behalf.
3 minutes ago Favorite Retweet Reply
netw3rk netw3rk
Lockout Update: James Dolan reports progress unlocking 3 star scores in Angry Birds.
11 minutes ago
FWIW, David Aldridge said they aren't really close to a deal. 4 people in the room told him that they were no close than last night. Said the two biggest issues were the MLE and Sign & Trades for tax paying teams. Haven't made all that much progress overall in his opinion.
Any updates on anything? Any separate press conferences about to happen where they say today wasn't the day to get a deal done?
Things are very quiet. No news. Won't be until there is something significant to report one way or the other.
If my calculations are right, they've been meeting for about 9 hours now?
Wow, if that's really it than I can't imagine we won't have a season soon.
IMO, there's not going to be a deal. They're still discussing the exact same that broke the talks last time.
tj_ford TJ Ford
Is the lockout over yet!!!!!!
1 hour ago Favorite Retweet Reply
in reply to ↑
Roger Mason Jr
@tj_ford no bro. Still a ways away..
If it comes down to large markets getting their way when it comes to revenue sharing, I hope the other owners don't budge and the season it shut down.
I want to see some of these "genius" GMs and coaches have their flaws exposed by parity. Too damn bad Philip had to leave, but like usual, he knew another team that he didn't build was no longer a contender, so he bailed.
I agree with, Nono. I doubt there will be an agreement. I know people's hopes are up because they are meeting for long hours but that doesn't change the fact the owners are holding a hard line IMO. Unless they were willing to significantly move on most of the system issues, which by all accounts seems unlikely, there will be no deal.
I know it seems logical to get a deal done, but it's not about that IMO.
http://ken-berger.blogs.cbssports.co...38893/33225313
"Other hurdles" aka we're all ed.Progress on mid-level, but other hurdles emerge
NEW YORK -- Negotiators for the league and players' association made modest progress on the use of the mid-level exception for luxury tax-paying teams Thursday, but other guidelines governing exceptions and the tax level emerged as a new sticking point, three people briefed on the labor talks told CBSSports.com.
One of the people said league negotiators signaled a willingness to raise the so-called "mini mid-level" to three years starting at $3 million for teams above the luxury-tax level, to be available every other year. The previous offer was a two-year deal starting at $2.5 million, available every other year to tax teams. There was no indication union negotiators were ready to agree to this slight improvement in the owners' proposal, as it would reduce the mid-level exception for tax teams from last year's five-year, $37 million total to three years and $9 million for teams above the tax line.
Also Thursday, a new hurdle emerged in the discussion over when teams would face the new restrictions owners are proposing for teams above the luxury tax threshold. Two of the people briefed on the talks said owners were pushing for teams under the tax at the time of the transaction to be restricted from using the full mid-level -- four-year deals starting at $5 million -- if the signing put the team over the tax. In that case, the team would be restricted to use of the mini mid-level. Union negotiators want the new restrictions to be based on where a team's payroll sits in relation to the tax prior to the use of the exception -- not where it stands afterward.
After a 12-hour session Wednesday produced minimal progress, the two sides pushed past the eight-hour mark Thursday with the threat looming that league negotiators would pull their existing offer off the table and replace it with a worse one. The new offer, originally scheduled to be furnished to the players at 5 p.m. Wednesday but delayed due to the ongoing talks, would feature a 53-47 economic split in favor of the owners and also would include a hard team salary cap and rollbacks of existing contracts. The two sides currently are negotiating off a league proposal that would give the players a 50 percent share of revenue and maintain a soft-cap system -- albeit with a vastly more onerous luxury tax system, more restrictions on exceptions, shorter contracts and smaller annual raises.
On Tuesday, union officials held a meeting with more than 40 players, including 29 team player reps, and signaled a willingness to meet the NBA on its 50-50 economic split provided that a list of five or six system-related issues could be resolved to the players' satisfaction. One of the roadblocks in the talks, according to multiple people involved in the process, is that players who previously did not realize how severe the owners' proposal was had become emboldened to push for significant concessions on the remaining system points. Even if and when a deal is reached, agents who have long opposed the concessions delivered to the league by union negotiators will be advising their clients to review the proposal closely and vote against it if it isn't substantially different than what the players learned about Tuesday.
"The players aren't going to be hoodwinked on this one," one such agent told CBSSports.com.
Also slowing progress in the bargaining room, according to one of the people briefed on the talks, was the fact that the league still has not fully shared details of its plans to enhance revenue sharing -- a mechanism that would redistribute money from high-revenue teams to low-revenue teams at supposedly more aggressive rate than previously. Hard-line players and agents are resisting further system concessions, which the league says it needs to create more compe ive balance, until it becomes clear what owners are going to do in that regard through revenue sharing
It's not really that surprising IMO if you've paid attention to the lockout. Hope I'm wrong.
If the deal doesn't get done tonight they'll probably have another meeting tomorrow. This allows owners keep the credibility of that 47% bluff by saying the meeting is continuing. The deal will be done soon.
Progress on mid-level, but other hurdles emergeThis is a positive sign. When the restrictions will be in-forced indicates to me that the restrictions are pretty close to determined.Also Thursday, a new hurdle emerged in the discussion over when teams would face the new restrictions owners are proposing for teams above the luxury tax threshold. Two of the people briefed on the talks said owners were pushing for teams under the tax at the time of the transaction to be restricted from using the full mid-level -- four-year deals starting at $5 million -- if the signing put the team over the tax. In that case, the team would be restricted to use of the mini mid-level. Union negotiators want the new restrictions to be based on where a team's payroll sits in relation to the tax prior to the use of the exception -- not where it stands afterward.
Per David Aldridge
10 hrs today. Twenty two hours last two days. As one of the people in the room said hours ago, a long, long list of issues remain...
Playing Skyrim. this .
WojYahooNBA
Meeting wrapping up. News conferences expected to start in 10 minutes.
15 seconds ago
WojYahooNBA
Owners revised offer will be working off current negotiations with players -- not the threatened 'reset' offer awaiting if talks broke down.
34 minutes ago
WojYahooNBA
After finishing call with owners' labor relations committee, David Stern will deliver union a revised offer tonight, league sources tell Y!
38 minutes ago
WojYahooNBA
Stern hasn't brought completed deal - nor framework - to owners for approval yet, source says. After strong Wednesday, momentum does remain.
5 hours ago
http://twitter.com/#!/WojYahooNBA
Stern To Deliver Revised, Presumably Improved Offer To Players
Nov 10, 2011 10:44 PM EST
Following a call with the owner's labor relations committee, David Stern will deliver a revised offer to the players on Thursday evening, according to sources.
The offer will be based off the progress of current negotiations and not the threatened 'reset' offer.
The new offer is presumably addressing issues the union has in regards to the system elements.
An ownership source tells ESPN's Chris Broussard that the revised offer will give players "meaningful stuff", but will remain at a bRI split of 50/50. The source also described talks as complicated.
Via Adrian Wojnarowski/Yahoo! Sports (via Twitter)
Read more: http://basketball.realgm.com/wiretap...#ixzz1dMjCzNwB
WojYahooNBA Adrian Wojnarowski
After reviewing, Fisher says NBA's offer isn't enough "to try and entice us to finish this out tonight." Players will step back, confer.
8 seconds ago
WojYahooNBA Adrian Wojnarowski
Would expect union leadership will study proposal overnight, confer with players and meet with NBA again on Friday. No confirmation though.
4 minutes ago
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