NEW YORK — The NBA owners and Players Union need to have a deal in place by Monday in order to save the first two weeks of the NBA season and it appears that will not happen.
Top NBA sources have told ESPN that the Player’s Union and the Owners cannot meet on the conditions of a meeting and will not reach a deal before the Monday deadline to save the season.
The deal-breaker remains the spit in the BRI (Basketball Related Income) and who gets a higher percentage. The players received a 57 percent cut under the previous deal and have lowered that number to 53 percent. The owners have stated they want no more than 46-49 percent to go to the players under a new deal.
The players have constantly rejected this offer and thus the lockout has remained at a stalemate since August.
The deadline to save the season or at least start it on Nov. 1st is this Monday and with the latest meeting cancelled, the first two weeks of the NBA season is the first serious casualty of this lockout and it will be the start of a slippery slope that will abbreviate the season. No annoncement on the next slate of games to be cancelled as been made yet.
Stay tuned to Pippen Ain’t Easy for all the latest breaking news about the 2011 NBA Lockout.