David Stern To Update NBA BOG Members On Labor Negotiations
The NBA BOG will convene today in Dallas, where NBA Commissioner David Stern will update owners on collective bargaining talks as a lockout looms. The BOG meeting comes just two days before the current CBA between the league and the NBPA is set to expire at the end of the day Thursday. Labor talks between the league and the union could continue in N.Y. tomorrow or Thursday, though specifics have not been finalized.
NBA owners also will be briefed on plans to retool the league’s current revenue-sharing structure. The effort to create a new revenue-sharing plan is spearheaded by the league’s planning committee chaired by Celtics Managing Partner & CEO Wyc Grousbeck. Other items on the agenda in Dallas include an overview of league financial information.