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Volume 24 No. 156
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No Labor Deal Yet For NBA As Sides Offer Latest Proposals

With the June 30 NBA CBA deadline looming, labor talks failed to yield an agreement yesterday, with the league offering the players no less than $2B in annual salary along with what league officials called a “flex cap” of $62M per team. NBA Commissioner David Stern said the $2B is what the player salary level is this year.

The union dismissed the league’s proposal and countered with a five-year offer to include a $100M annual salary decrease along with a reduction of the player’s share of basketball revenue to drop to 53.4% from the current 57% share. Stern said that while both sides will meet again on Friday, “the cupboard is getting barer and barer."

Below is a list of some of the participants in yesterday's CBA negotiating session in N.Y.:

Jeanie Buss (Lakers)
Spurs F Matt Bonner
James Dolan (Knicks)
Lakers G Derek Fisher
Dan Gilbert (Cavaliers)
Hawks F Al Horford
Peter Holt (Spurs)
Knicks G Roger Mason
Larry Miller (Trail Blazers)
Hawks C Zaza Pachulia
Robert Sarver (Suns)
Spurs G Tony Parker
Bob Vander Weide (Magic)
Hornets G Chris Paul
Lakers C Theo Ratliff
Bucks G John Salmons
T'Wolves G Sebastian Telfair