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04 Oct 2011 20:00

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Culture: NBA players, owners face big day for fate of new season

  • Each side understands exactly what’s at stake and where potentially there is movement in order to try to get a deal done… We both understand that if we don’t make our best offers in the next few days, we’re going to be at the point where we’re going to be causing damage to the game, to ourselves, and they’re going to be out paychecks.
  • NBA Deputy Commissioner Adam Silver • Discussing the negotiations between NBA players and team owners, which have reached a critical stage with the regularly scheduled start of the season looming. Ownership claims to have lost a combined $300 million last season, and have pushed for new rules on the salary cap and division of revenues, wanting to guarantee the players only 46% of team revenue rather than their former 57%. source