From Howard Beck of the New York Times:
“A critical weekend for the N.B.A. labor talks will begin Saturday morning with an owners meeting, during which the league’s hard-liners will insist that no more financial concessions be made to players, according to a person briefed on the agenda. The owners’ faction includes between 10 and 14 owners and is being led by Charlotte’s Michael Jordan, according to a person who has spoken with the owners. The meeting will begin at 10 a.m. in Manhattan. Six hours later, league officials will meet with the players union in what may be the last chance to resolve the lockout. Their efforts may be undermined before they ever reach the table. A faction of 50 N.B.A. players is threatening to dissolve the union if it compromises further on player salaries. The league is facing an equivalent threat from a trenchant group of owners, who are vowing to oppose any deal that gives players more than 50 percent of revenue. The owners’ faction includes between 10 and 14 owners and is being led by Charlotte’s Michael Jordan, according to a person who has spoken with the owners. That group wanted the players’ share set no higher than 47 percent, and it was upset when league negotiators proposed a 50-50 split last month. According to the person who spoke with the owners, Jordan’s faction intends to vote against the 50-50 deal, if negotiations get that far. Saturday’s owners meeting was arranged in part to address that concern. A majority of the 29 owners are believed to support a 50-50 deal, but they are reluctant to move further. “There’s no one who’s interested in going above 50 percent,” said the person who has spoken with the owners.
skelman says
Ughhhhhhhhhhhh. Compro-freaking-mise please!