While the NBA owners and player's association were unable to make any major progress in their last meetings, which broke off indefinitely, the two sides will reportedly resume their labor negotiations on Wednesday according to Newsday.
A person with knowledge of the situation told Newsday that the sides will get together in Manhattan to resume talks that broke down last Thursday after three days of mediation. It is not known if the NBA has dropped its precondition that the union agree to a 50-50 split of league revenue, which was what union executive director Billy Hunter said led to the owners abruptly ending what had been viewed as constructive talks presided over by federal mediator George Cohen. (via Newsday)
Despite other minor setbacks, the split of revenue has been the major breaking point in negotiations. Reports surfaced that the league was going to cancel two more weeks of play and 102 total games through November 28, but with these labor talks scheduled for Wednesday, it's possible (yet unlikely) that those games could be saved if progress is made.