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Last updated on Friday, November 11, 2011
(NEW YORK, NY) - Another long negotiating session between NBA Players and owners ended late Thursday night with no agreement on a new collective bargaining agreement.
The league did present a new offer to the players that still includes a split of basketball-related income between 49 and 51 percent and some system adjustments.
One of those adjustments includes raising the salary floor from its current 75 percent.
NPBA Executive Director Billy Hunter will take the new proposal to the player representatives with a response expected early next week.
Hunter commented that it is not the greatest proposal in the world but that he feels he has an obligation to present it to the players.
NBA Commissioner David Stern says a 72-game schedule starting December 15th is possible if the players accept the deal.
The NBA has been without a CBA since the last one expired on July 1st.
League owners locked out the players at that time.
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