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Report: 'Modest Progress', New Problems In Thursday's NBA Lockout Talks

Amidst persistent Twitter rumors that the NBA Lockout had finally come to an end and that the first NBA game would be December 1, Ken Berger of CBS Sports has emerged with some more detailed -- if less exciting -- updates from the day's talks.

According to Berger, the owners and players continued working on system issues with mixed degrees of success.

Negotiators for the league and players' association made modest progress on the use of the mid-level exception for luxury tax-paying teams Thursday, but other guidelines governing exceptions and the tax level emerged as a new sticking point, three people briefed on the labor talks told

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