Players speak: No deal
There was hope entering into Monday that the NBA players union would accept the latest offer by the owners. However, Monday afternoon, the players held a press conference in New York and shot the deal down.
There was a large contingent of players present, including the face of the league, Kobe Bryant. The chances of playing a season at all now are getting smaller. The players have conceded as much as three billion dollars over the length of a proposed ten year deal. However the owners claim their offer of a 50/50 split is fair.
The following is a statement from NBA Commissioner David Stern: “At a bargaining session in February 2010, Jeffrey Kessler, counsel for the union, threatened that the players would abandon the collective bargaining process and start an antitrust lawsuit against our teams if they did not get a bargaining resolution that was acceptable to them. “In anticipation of this day, the NBA filed an unfair labor practice charge before the National Labor Relations Board asserting that, by virtue of its continued threats, the union was not bargaining in good faith. We also began a litigation in federal court in anticipation of this same bargaining tactic. “The NBA has negotiated in good faith throughout the collective bargaining process, but -- because our revised bargaining proposal was not to its liking – the union has decided to make good on Mr. Kessler’s threat. “There will ultimately be a new collective bargaining agreement, but the 2011-12 season is now in jeopardy.”
Ben Golliver of CBS Sports and Blazers Edge joined Brian Berger as the news broke. Ben offers his insight as the next step now could involve lawyers and a longer, drawn out process.
You can take a look at the details of the owner's latest offer