NBA, players continue negotiations on Thursday

I will say it again. There will not be an NBA season. It is unfortunate that both sides cannot agree on the percentage to split. I still feel for all of the small businesses that are suffering right now.

With unsettling consequences awaiting them should they fail to reach an agreement, representatives for the NBA and players’ union met again on Thursday to salvage what remains of an already-shortened season. They were still meeting late Thursday.

The two sides had been unable to reach a settlement on a new collective bargaining agreement after 12 hours of negotiations the day before. They gathered at noon on Thursday and remained in discussions after several hours.

The latest round of talks was spurred when commissioner David Stern set a Wednesday deadline for the players to accept the league’s latest proposal or receive a harsher alternative. Stern agreed to stop the clock and extend the deadline for this round of negotiations, which has centered on the salary cap and luxury tax system issues that have divided them throughout the four-month labor stalemate.

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