NBA, players’ association discuss CBA
August 5, 2009
NEW YORK (AP)—The NBA and its players’ association held their first collectivebargaining talks Tuesday, meeting for 3 1/2 hours without exchanging any proposals.
The sides shared financial information and called the session “cordial andproductive.” They added they looked forward to sitting down again before thestart of the season.
The current collective bargaining agreement runs through the 2011 season,but NBA commissioner David Stern and union executive director Billy Hunterdecided on an early start to discussions with many teams struggling because ofthe economic crisis.
No deal is expected anytime soon. Stern has said the central issue will bethe split in revenues, with the players currently collecting 57 percent.
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