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Talks end, owners expected to lock out players
Hunter: Sides fail to reach deal, says lockout is next
Posted Jun 30 2011 12:35PM - Updated Jun 30 2011 3:30PM
NEW YORK (AP) -- NBA players are locked out, possibly jeopardizing next season.
Union chief Billy Hunter said Thursday afternoon that owners had locked out the players after failing to reach a new collective bargaining agreement.
With this latest action, two of four major professional sports in the United States are locked out. The NFL locked out its players in March, and the two sides have been in discussions this week, trying to work toward a new deal.
Despite a three-hour meeting Thursday, the NBA and its players could not close the enormous gap that remained in their positions. The CBA was due to expire at midnight.
All league business is officially on hold, starting with the free agency period that would have opened Friday, and games eventually could be lost, too. The last lockout reduced the 1998-99 season to just a 50-game schedule, the only time the NBA missed games for a work stoppage.
"We tried to avoid the lockout; unfortunately, we couldn't reach a deal,'' union executive committee member Matt Bonner said.
The sides remained far apart on just about every major issue, from salaries to the salary cap, revenues to revenue sharing.
Players, who previously offered to reduce their salaries by $500 million over five years, considered the owners' proposal for a "flex'' cap, where each team would be targeted to spend $62 million, a hard cap. Although the league said total player compensation would never dip below $2 billion over the life of its proposed 10-year deal, that would amount to a pay cut for the players, who were paid more than $2.1 billion this season in salaries and benefits.
Owners also wanted a reduction in the players' guarantee of 57 percent of basketball revenues.
今天勞資雙方在紐約兩個半小時的談判后,雙方正式確認無法達成一致的協議。NBA聯盟將於美國東部時間凌晨0點開始正式停擺。
球員工會副主席、馬刺球員馬特-邦納(Matt Bonner)說:“我們試圖避免停擺,但不幸的是我們無法達成協議。” |
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