Some movement in NBA talks?

Well, the league's deadline to accept its revenue offer has come and gone, and both sides are still talking. Actually, the players have signaled a willingness to consider the proposed 50-50 revenue split, which is what got both parties back to the table - for how long no one knows. From the NYT:

The union's offer to accept the 50-50 split was conditional on the owners compromising on some proposed free-agency restrictions. The league wants to ban luxury tax-paying teams from executing sign-and-trade deals and from using the full midlevel exception, worth $5 million. The union fears that those rules, combined with a more punitive tax, would strangle the free-agent market.

You never know in labor talks, but they could be reaching a critical stage. If the players and the owners are unable to reach a deal soon - or at the least have the framework of a deal - a good chunk of the season might be in jeopardy.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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