Posted by Ben Golliver.
The NBA and the National Basketball Players Association met for the second straight day in New York City on Saturday, but the talks failed to produce an agreement or even much progress.
CBSSports.com's Ken Berger reports that the talks will not continue on Sunday as expected and that the two sides will be "back at it" on Monday in smaller groups.
Talks lasted for more than seven hours on Saturday following a lengthy negotiating session on Friday that featured some tense moments and cameos by superstars like LeBron James, Dwyane Wade and Carmelo Anthony.
Representatives for both sides addressed the media afterwards.
Berger reports that NBPA attorney Jeffrey Kessler said that the two sides did not discuss the most contentious issue, the division of Basketball-Related Income, and instead talked about system issues. NBPA president Derek Fisher, meanwhile, acknowledged that there were "still huge gaps" between the two sides, who decided to switch the discussion to individual system issues.
"Break down the mountain into separate pieces and tackle it one step at a time," Fisher explained. "We weren't going to be able to make major, sweeping progress on the entire economic and system at the same time. Maybe if we split them up and try to go at them one at a time ... we can at least get some momentum and some progress going."
USA Today reported that NBPA executive director Billy Hunter said the two sides were still "miles apart."
Berger reported that Hunter believes the owners are still pushing for a system that resembles a hard cap rather than the soft cap that the players prefer. "If you gave them everything they're asking for, you'd ultimately have a hard cap," Hunter said.
On the other side of the table, Berger reported that NBA commissioner David Stern said that the two days of negotiations were "long and in some ways exhausting" and that the two sides were "not near anything." However, Stern noted: "We're closer than we were before."
NBA deputy commissioner Adam Silver painted the discussions as a clear exchange of ideas: "The owners certainly heard the passion from the players, and right back at them from the owners."
NBPA vice president Matt Bonner told MySanAntonio.com that both sides were "a little burned out" and only made "minor progress" on Saturday. His fellow NBPA vice president Roger Mason, Jr. tweeted: "Finished another long day of meetings. Unfortunatey nothing new to report. We are still very far from a deal."
Berger also reports that Stern acknowledged that he exchanged words with Wade on Friday. "There was a heated exchange of some kind."
The next steps for the NBA will be to announce the cancelation of the rest of the preseason schedule. On Sept. 23, the NBA announced the cancelation of the first half of the preseason. Once the entire preseason slate is wiped, a delayed start to the regular season, which is currently slated for Nov. 1, is essentially inevitable. Berger reports that Stern no announcement will be made on Monday but that the decision will be a "day to day" matter after that.
This post will update with the latest NBA lockout news.