NBA Lockout Suffers Setback

Friday October 21st, 2011

Discussions between owners and players have ceased and the NBA lockout has gotten no closer to a resolution, Yahoo! Sports' Adrian Wojnarowski has tweeted.

His tweet, in full: Talks on a 50-50 BRI split broke down, and labor talks have ended, source tells Y! No new meetings scheduled. Huge setback in this lockout. BRI refers to "basketball related income." It has been reported that owners are pushing for the split to be nearer 40-60, obviously a great deviation from from where the players wish to be. Players had been receiving 57% of the profits under the old collective bargaining agreement.

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