Barring a last-minute deal before Monday
(NEWSER) - The rest of the NBA preseason is officially canceled, and the first two weeks of the regular season will be as well if players and owners can’t work out a deal by Monday, Commissioner David Stern announced yesterday, after negotiations to end the league’s lockout fell apart. Players' union president Derek Fisher said there was a “very large gap” between them, with the main sticking point being revenue sharing. The players, who currently earn 57% of revenues, are willing to take a cut to 53%, but the owners want more, the Wall Street Journal explains. More»
