Via Adrian Wojnarowski's Twitter: "A league source briefed on labor meeting within past two hours tells Y!: "No progress yet." Talks pushing past fifth hour here in NY now."
There's no way they've been meeting for five hours with "no progress." People would get fed up and leave.
I feel the same way. It truly seems like the owners have made an attempt to compromise, however reluctant they may have been to do so. What is worse is that tons of hard working people will lose their jobs without any say. Where is the justice in that. Players have deemed themselves more important than all of those people. As a culture, we have all done the same. That in itself is sickening to me. The fact that they care about "principle" (to put it nicely) over what they actually stand to gain is just idiotic. Forget about the basketball fans who ultimately pay for the NBA, for that is a nothing more than a minor issue. The players do not understand gratitude, and in reality, don't care at all about any of you. However, there is a serious issue with these people at a fundamental human level. For millionaires to put so many people in serious distress financially and emotionally, so that they can show how big their balls are is unacceptable. The state of our society in a nutshell.
The owners are a lot richer than the players, why cant they take a pay cut? A NBA club is operated on two fronts - on the court and off the court. On the court its up to players and coaches to deliver sucess. Off the court (business side) its up to the owners and execs. If something isnt working on the court - players or coaches get the blame and they are reaarranged/reshuffled. It should be the same if things aren working off the court. Most of the problems are due to their p!ss poor decisions on personnel and miscalculated financial investments on resources. There has to be some sort of accountability/compensation for the owners and execs decision making performance.
WojYahooNBA Adrian Wojnarowski Stern has no comment, except to say they're breaking for the night and meeting again on Monday afternoon. WojYahooNBA Adrian Wojnarowski Stern said NBA and NBPA agreed to have no comment on the five hour-plus meetings in New York on Sunday night.
ChrisMannixSI Chris Mannix Stern just came out, said no comment. Will reconvene tomorrow afternoon. ChrisMannixSI Chris Mannix Now waiting for union reps to come out. Suspect they won't have much to say either. daldridgetnt David Aldridge Meeting ends after 5+ hours. Stern says no comment when leaving "by agreement w/players." Will reconvene tomorrow afternoon. sheridanhoops Chris Sheridan David Stern just left meetings. Said they will reconvene tomorrow. He had no other comments. daldridgetnt David Aldridge Don't know what to make of it. Would just be guessing at this point. Waiting for players. Chris_Broussard Chris Broussard Players and owners just finished 6 hour meeting. Stern had no comment other than that they'll meet again tomorrow afternoon
I agree with this. However, the owners already dropped the hard cap issue. They have gone from 47% to 50%. What have the players done? Nothing. Hold out for 80 million dollars? When you factor in how much they stand to lose, it is truly unbelievable.
LOL, I was hoping for one of those BREAKING NEWS! tweets like the ones before a trade or free agent acquisition has been completed.
ChrisMannixSI Chris Mannix Plan is, according to the league, to meet tomorrow. That's better than not meeting, I guess. ChrisMannixSI Chris Mannix Billy Hunter says he is not going to LA tomorrow.
I understand its upseting but this is corporate America we live in man. If Bill Gates lost just one share of his company to Mark Cuban you bet he would fight to get that one share of the company back even though he is one of the wealthiest men alive. The wealthy people in this world didnt get where they are today by not being schrewd in business. In comparison to the amount of revenue the players generate for the business, it has been ruled appropriate to pay them what "WE" essentially pay them. Its the market value for their product. If there was true competition in the marketplace for sports then the prices and players salaries would drop to a normal working level. However, there is only one product and one monopoly that is the NBA. -If your company decided it wanted to give you a 30% pay decrease because their stock price dropped what would you do? Well, in our society, you are "supposed" to be able to have the option to leave the company and find better pay elsewhere. -However, in the NBA there is no true competition in the marketplace, therefore the player must form a union and negotiate. If the players all the sudden let the owners pay them, whatever it was they wanted to, then it would be like the CEO of your company taking more money off the top while the workers in the company take a pay cut just to stay employed. Its not fair, that someone gets paid a few million dollars a year for dunking a basketball while the rest of us have to slave away in cubicles, and in factories across America, but realize that for every dollar that Athlete generates, 20 dollars go in someone else's pocket. In a society that is supposed to discourage monopolies in business practice, he has the right to negotiate "fair" pay. Sorry for the longwinded reply.
You do understand that the players make the NBA what it is (or at least the stars; it's a players' league). And the league generates BILLIONS every year. And I pray we hear great news tomorrow!!!
WojYahooNBA Adrian Wojnarowski Fisher did say the sides were "not necessarily closer" to a deal at end of meeting, than they were going into it on Sunday. I really think Fisher is just being secretive, though. I bet they have the foundation for an agreement in place; he just has to run it by the players before they meet again and make it official.
WojYahooNBA Adrian Wojnarowski Without framework of an agreement on Monday, Stern has insisted he will cancel the first two weeks of regular season. ChrisMannixSI Chris Mannix There was NO discussion of split of the BRI at Sunday night's meeting, according to a source briefed on the talks. System only. KBergCBS Ken Berger by AlexKennedyNBA Fisher says two sides "not necessarily any closer," but, "We're going back at it tomorrow." Player meeting in L.A. postponed. RicBucher Ric Bucher It takes 4 seconds to say, "53" and then say, "No, 50." I'm taking no progress in 5 hours to mean, basically, they said that 4500 times briancmahoney Brian Mahoney by alanhahn NBA meeting over. Another one tomorrow afternoon. No other news.
The only reason they are not confirming that the lockout is over is because of the small chance that the deal isn't finalized on Monday. It would be a PR disaster if they said one thing and did something different entirely. The only things left on the agenda are probably extremely minute details. At least... I'm praying that is what is going on. END THE LOCKOUT.
It sounds more from the reports that tonight was about solving all the other system issues like, bird-rights, etc., so when they meet tommorrow they really just need to solve the main issue.... BRI. Because, if they do for some crazy reason come to an agreement, they need to move fast on getting the paperwork done and ready to go. I assume since this was an impromptu meeting they wouldn't be able to collectively get all the votes needed in a timely manner so thats probably why the BRI meeting needs to happen tommorrow when they can get ahold of their players for the voting.