No New Proposal From Players At NBA Labor Meeting
NEW YORK (AP) -- NBA players have declined to present a new economic proposal to owners, less than a week before the expiration of the collective bargaining agreement.
Dressed in matching T-shirts urging solidarity, about 40 players attended Friday's negotiating session, the final one before owners could vote on whether to lock them out if no deal has been reached.
Owners had hoped for another proposal from the union, but players felt they had gone far enough after they offered a $500 million reduction in salaries over five years on Tuesday, a move that Commissioner David Stern termed "modest."
The owners will meet Tuesday in Dallas. The sides could then meet at least one more time before the CBA expires on June 30.
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