Adrian Wojnarowski of Yahoo! Sports reports via Twitter that NBA commissioner David Stern will conduct an evening call with the owners' labor relations committee -- and that, following that call, Stern will "deliver union a revised offer" Thursday night, according to his sources.
And this revised offer is a sign of progress in the negotiations, Wojnarowski was quick to clarify in a follow-up tweet. It will be based on what has been discussed in the last two days of negotiations and will not be the more-owner-friendly post-ultimatum offer that Stern had promised if a deal wasn't reached by 5:00 Wednesday. This news continues the recent trend toward positive vibes from this latest round of talks, and holds out the hope that after 133 days, the lockout may finally be reaching a conclusion. The news Thursday followed more than 12 hours of negotiation on Wednesday.