The NBA is expected to announce Friday it will postpone of the start of training camp and the opening slate of exhibition games after a negotiating session Thursday in New York between players union executive director Billy Hunter and commissioner David Stern ended without a labor agreement or progress toward one soon, league sources said.
Stern, according to one source, told Hunter in Thursday's meeting the owners want to reduce the players' cut of basketball-related revenue to a figure well below 50 percent. Under the previous agreement, which expired July 1, the players were guaranteed a minimum of 57 percent of basketball-related revenue would be spent on salaries.
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