NBA without agreement

The players union president of the NBA, Derek Fisher, said he has a clear mandate from their constituents: no agreement with team owners.

The proposed league players receive between 49 and 51% of basketball related income in the new contract, but the players argue that it would be almost impossible to exceed 50.2%.

Players have until Wednesday afternoon to accept the agreement. Otherwise, it is expected that the next offer will be a 53-47 split in favor of team owners and the implementation of a hard salary cap.

The union executive director Billy Hunter, said that while the players want to return to the courts, do not want to accept an unfavorable contract.

Hunter said the players want to negotiate, adding that Commissioner David Stern called to discuss the possibility of returning to the negotiating table.

NBA Still is lock out

The negotiations between the owners of the NBA and the players' union came to an end after three consecutive days without any agreement was reached to sign a new collective agreement are met 112 days of the lockout.

After 30 hours of negotiations in a hotel in New York with the federal mediator George Cohen, neither side changed their position on two key issues regarding the new agreement, such as revenue sharing and salary cap.

The suspension of negotiations implies that there could be further cancellations of regular season games from next week and endanger the rest of the competition.

The NBA commissioner, David Stern, who could not attend today's meeting, Thursday, because he was affected by the flu, had advanced this week if no agreement was reached, from the next they would have to cancel parties and jeopardize Christmas Day.

Adam Silver, deputy commissioner of the NBA, who represented Stern in the morning negotiations with the owners and in the evening with the players union, acknowledged that the new failure in the negotiations will bring serious consequences for basketball.

"Ultimately, we were unable to close the gap separating the two sides," said Silver. "We understand the consequences that will have the situation where we are and we feel sad for our sport."

For its part, the players union president Derek Fisher also recognized that professionals were aware of the impact that had staying with no progress.

"This is by no means something about pride or ego of the players," said Fisher. "At stake is the future of many people by the separation between the two parties."

The cancellation of the first 100 games of competition has meant the loss of 170 million dollars in salaries for players.

The chairman of the NBA labor relations, Peter Holt, who also owns the San Antonio Spurs, said he hoped they could return to the negotiating table, but the day had been "very hard"