NBA talks resume Thursday
NEW YORK (AP) — NBA owners and players ended negotiations today after more than eight hours.
Federal mediator George Cohen said the two sides would resume bargaining Thursday afternoon. Owners had to leave to attend board of governors meetings this evening through midday Thursday.
"The discussions have been direct and constructive, and as far as we are concerned, we are here to continue to help assist the parties to endeavor to reach an agreement," Cohen said.
The two sides met for more than 24 hours in a 32-hour span.
Without a deal this week, Commissioner David Stern might have to decide when a next round of cancellations would be necessary. The season was supposed to begin Nov. 1, but all games through Nov. 14 have been scrapped, costing players about $170 million in salaries.
Cohen said players and owners met in a variety of settings during mediation, sometimes in subcommittees, other times in groups as large as 40 people.