Report: “Progress Is Being Made” In NBA Labor Talks

Sunday November 6th, 2011

ESPN NBA reporter Chris Broussard reported on Saturday night that a source told him “progress is being made” in labor talks that were attended by federal mediator George Cohen.

Earlier on Saturday, Broussard tweeted that he would “not be surprised” if the players agreed to a 50/50 split of basketball-related income. Under the old collective bargaining agreement, players were guaranteed 57 percent of that income, but have proposed a reduction to 52.5 percent, according to ESPN.

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