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No deal yet, but NBA owners, players back at it Thursday

Nov 10, 2011, 1:35 AM EDT

NBA Commissioner Stern speaks to reporters in New York Reuters

Today, the NBA passed the NFL — but maybe it will not be by much.

The NFL lockout went for 132 days and on the 132nd day of the NBA lockout the owners and players met for 12 hours but it was not enough to get a deal done. However, the two sides will get back at it on Thursday morning.

Progress was made on three of the five key system issues, Yahoo’s Adrian Wojnarowski tweeted. At their press conferences, both sides played down potential progress. Whatever happened, it was enough that  NBA commissioner David Stern did not institute his threatened “rollback offer,” something that would set talks way back if not doom the season.

Neither side would give details after the meeting and both tried to sound neutral amidst multiple reports that there had been real progress.

“We’ve agreed that we have sort of stopped the clock and continue to negotiate, we’ve agreed to reconvene at noon tomorrow,” Stern said in a press conference broadcast on NBA TV….

“I would not read into this optimism or pessimism, we just continue to negotiate… nothing was worked out today.

Union President Derek Fisher said there was still a lot of work to be done.

“We spent a lot of time covering all the issues we have remaining, but we can’t say there was significant progress made today,” Fisher said….

“The fact that we don’t have a deal obviously let’s you know there’s still a lot of work to do on the system.”

The players had agreed to come down to the 50/50 split of revenues that the owners had wanted, but in exchange the players have expected a certain amount of give from the owners on system issues (such as the mid-level exception and other exceptions teams paying the luxury tax can use). The owners have said from the start — and Deputy Commissioner Adam Silver said again after these press conferences — that the owners see these issues as separate. Meaning give on the revenue does not change the system. Small market owners want a system that reins in big market teams. Both sides said there was no deal on the key system issues (regardless of what the leaks say), but if they spoke for 12 hours means there had to be some progress.

That’s not how negotiations really work, but both sides were tight lipped about how things really went or how close they really are.

But they will be back at it Thursday. Which is better than the alternative.

  1. rreducla1 - Nov 10, 2011 at 3:17 AM

    I think the fact that they are going back to the table is a pretty good sign, but at the same time, I will not be surprised if talks break off again.

    But I lean–slightly–towards thinking they get it done.

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