NBA Talks Break Down, Season In Jeopardy
NEW YORK (AP) -- NBA owners and players have failed again to get close to a labor deal, and union president Derek Fisher says he anticipates the remainder of the preseason to be canceled.
Regular-season games could follow soon afterward, with talks breaking down and no meetings scheduled -- players' association executive director Billy Hunter said the next could even be a month or two months.
Players had offered to reduce their guarantee of basketball-related income from 57 to 53 percent, which they said would have given owners back more than $1 billion over six years. But they said the owners' last proposal had them at 47 percent.
The sides met for more than four hours Tuesday, but Fisher says "today was not the day for us to get this done."
