Report: NBA will postpone training camp, exhibition games

Labor talks between the league and the players ended without much progress, and Yahoo Sports is reporting that the first two weeks of the pre-season will be canceled. The two sides are looking to reconvene next week, but the end of next week will be October and as we saw with the grocer talks, these things seldom move quickly. Even if a deal is reached fairly soon, they'll need a free agency period and then training camp and then a few exhibition games. The first game of the regular season is scheduled for Nov. 1, but that's probably out of reach. From ESPN:

Stern, according to one source, told Hunter in Thursday's meeting the owners want to reduce the players' cut of basketball-related revenue (BRI) to a figure well below 50 percent. The players were guaranteed a minimum of 57 percent of BRI would be spent on salaries at the end of the last agreement. The players union had offered to reduce their percentage to as much as 54 percent in negotiations to accommodate the owners' contention they lost $300 million last season, with the stipulation that a mechanism would be instituted to reward the players if future revenue increased.

My guess is January.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
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