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  • NBA TO RESUME NEGOTIATIONS FOR NEW CBA

         The NBA will officially renew negotiations with its union
    today in New York.  Players and owners are hoping to have an
    agreement "by the end of the playoffs," according to USA TODAY.
    Negotiations stalled after the resignation of Charles Grantham as
    NBPA Exec Dir.  His successor, Simon Gourdine, will address the
    following key issues:  the salary cap, the "Larry Bird
    exception," defined gross revenues, merchandising and licensing
    and a rookie salary cap.  The players and the owners have a no-
    strike, no-lockout moratorium through the playoffs, but both
    sides realize the urgency of reaching a settlement.  NBPA
    President Buck Williams:  "We must get this resolved, before
    there's talk about a strike or a lockout.  It would hurt us much
    more than it did baseball.  I don't know if we could bounce
    back."  NBA Commissioner David Stern:  "We both know what we have
    to do, and we know the consequences of not doing it" (David
    DuPree & Roscoe Nance, USA TODAY, 5/4).
    

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