2011 NBA Lockout Update: Players Reject Latest Offer, Still Open To Negotiations

NBA Commissioner David Stern warned the players that if they did not accept his latest proposal--the terms of which include a 50-50 split among other things--by 5:00 p.m. ET on Wednesday that they would be given a far less favorable deal. Player representatives from all 30 NBA teams met on Tuesday and rejected the proposal anyway. Union president Derek Fisher says the players are still open to negotiations:

"We're open-minded on potential compromises on the number, but there are things in the system that are not up for negotiation for us to have a season," Fisher said.

Will Stern make good on his threat? Billy Hunter doesn't think so, and said he expects the 50-50 deal to remain on the table. Hunter also said he's going to try to set up a one-on-one meeting with Stern Wednesday, so that's a bit of encouraging news amid the latest developments in this stalemate.

Stay tuned to SB Nation Denver  for more information. Visit SB Nation NBA for more news and notes around the league, and check the SB Nation storystream for the latest news on the NBA lockout.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

Join SB Nation Denver

You must be a member of SB Nation Denver to participate.

We have our own Community Guidelines at SB Nation Denver. You should read them.

Join SB Nation Denver

You must be a member of SB Nation Denver to participate.

We have our own Community Guidelines at SB Nation Denver. You should read them.

Spinner

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.