The NBA owners and players association will resume negotiations on Monday, according to the Associated Press. The league locked out its players nearly one month ago, and little to no progress has been made towards a new CBA.
Though representatives from the sides have been talking and met on multiple occasions since July 1, this will be the first meeting to include Commissioner David Stern, union executive director Billy Hunter and president Derek Fisher of the Lakers, and owners, the people told The Associated Press. They spoke on condition of anonymity because the talks are supposed to be confidential. (via USA Today)
The biggest obstacle in reaching a new deal is finances. Under the old CBA, players received 57 percent of basketball related income. Although the players offered to reduce that figure to 54.3 percent, the owner's proposal had the players receiving nearly 40 percent of income.
Regular season play doesn't begin until November 1, but many expect the NBA to miss some or even all of its games due to the stalemate between the two sides.