David Stern: 2011-12 NBA Season 'Really In Jeopardy'
Two years at the bargaining table led nowhere, so NBA players are ready to take their chances in a courtroom.
Watch CBS News
Two years at the bargaining table led nowhere, so NBA players are ready to take their chances in a courtroom.
The NBA players have rejected the league's latest offer and are beginning the process to disband the union.
The NBA has made what it is calling its last and best offer. I believe it is. The deal is now in the hands of the NBPA along with the season. If the NBA players don't agree to ratify the deal I think there's a better chance we have no basketball in 2012 than we do.
NBA owners and players are meeting again, hoping to reach a deal to end the lockout but aware of the consequences if they fail.
The NBA Players' Union and league owners met before the latest deadline with the threat of a prolonged work stoppage hanging over them on Wednesday.
A person with knowledge of the plans says NBA owners and players will meet before Commissioner David Stern's deadline to accept the league's latest proposal or face a worse one.
Whether it is fair or not, the players better not let this thing get to 5 PM without a deal. If they do, they will not see a deal as good as the one the NBA has on the table right now. David Stern is not bluffing.
The players said they will ask for another meeting with owners before Stern's Wednesday afternoon deadline — and sound willing to agree to a 50-50 split of revenues under the right circumstances — in an attempt to end the lockout and save the season.
The easy people to blame for the pending NBA lockout are the faces of each side: David Stern, Adam Silver, Derek Fisher and Billy Hunter. The truth is that if it was up to those four men, this deal would have been done a long time ago.
NBA players have until Wednesday to accept Commissioner David Stern's latest offer, though the response already seems obvious. "Right now, we've been given the ultimatum, and our answer is that's not acceptable to us," union president Derek Fisher said.
Accept a chance to earn up to 51 percent of basketball-related income by Wednesday or get ready for a deal that's a whole lot worse.
This past Wednesday, the NBA owners tried a pre-emptive strike against the players, asking a federal judge to rule that, if the players decertified the union and sued the NBA for antitrust violations (sound familiar, NFL fans?), such a lawsuit would not be allowed to end the lockout. Here's what happens now.
NBA fans, do you want the good news first or the bad news?
NBA negotiations have collapsed. November games have been canceled and now Kim Kardashian has filed for divorce from Kris Humphries! Oh my. What a mess this NBA lockout has caused!
Despite recent attempts to dispel rumors that their marriage was in trouble, TMZ reports that New Jersey Nets forward and reality television star Kim Kardashian have filed for divorce.
