NBA Talks resume after a long deadlock

October 19th, 2011 - 11:45 pm ICT by Aishwarya Bhatt  

Los Angeles, Oct 19 (THAINDIAN NEWS) Parties involved in the NBA impasse are fighting to get the issue settled. The players and the club owners will meet to discuss the ways to overcome the lockdown that has already claimed the first two games of the season.

If a decision is not reached quickly, observers say the entire season of the NBA will be affected. The two sides will meet on Wednesday to try and reach a decision. The meeting comes just hours after the two parties failed to reach an agreement on Tuesday. The mediator for the meeting was George Cohen and he urged the two sides not to comment on what prevailed at the meeting.

NBA Commissioner David Stern has warned that unless a deal is reached this week, he might be forced to cancel more games in the season. Two main issues are holding up the negotiations. The owners are demanding 53 percent of the revenue. The players received 57 percent of the revenue last season but have indicated their willingness to receive 53 percent.

The NBA season was scheduled to start on the 1st of November but because of the lockout, the season cannot start until the 14th of November.

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