ESPN’s Brian Windhorst reports that Friday’s breakdown in the NBA lockout talks came as officials from the players’ union would not drop below 52 percent of the league’s revenue in negotiations. It’s not clear whether owners were willing to drop below their proposed 50 percent mark. The union came in having gone as low as 52.5 percent.
NBA Lockout Talks Ended As Players’ Union Would Drop No Further Than 52 Percent Of Revenue, Says Report
Over the past two days, the two sides had been negotiating system issues, such as the luxury tax and salary cap exceptions. The negotiators purposefully took the revenue split off of the table because it lead to the most fiery, destructive breakdown in talks on Oct. 20, as the owners reportedly gave the union an ultimatum, take-it-or-leave-it offer for a 50-50 split. David Stern told the media late Thursday that everything would be negotiable in Friday’s talks.
Windhorst also reports that more cancellations of regular season games will come on Friday. Stay tuned.
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