NBA owners, players to resume talks on Saturday

NBA commissioner David Stern has said as a result of the lockout, there will not be a full NBA season "under any ciircumstances."

Story highlights

  • Talks will be held for the first time in eight days on Saturday
  • Games have been canceled through November 30
  • NBA remains "committed" to reaching a deal, the deputy commissioner says
  • The players have been locked out since early July
The NBA and the National Basketball Players' Association will meet this weekend to resume talks over a new collective bargaining agreement, a players' union representative said.
"We're going to meet with the league on Saturday," Roger Mason Jr., a NBPA executive committee member, told reporters. "It's just going through where we are and just getting together."
The session in the oft-contentious talks would be the first in eight days.
The season, which was scheduled to start this week, has been canceled through at least November 30, the league announced last week.
"We share the frustrations of our fans, partners, and those who rely on our game for their livelihoods," NBA Deputy Commissioner Adam Silver said in a press release announcing the cancellation on October 28.
Bored NBA star takes up flag football
Bored NBA star takes up flag football

    JUST WATCHED

    Bored NBA star takes up flag football

MUST WATCH

Bored NBA star takes up flag football 00:41
Is the entire NBA season in jeopardy?
Is the entire NBA season in jeopardy?

    JUST WATCHED

    Is the entire NBA season in jeopardy?

MUST WATCH

Is the entire NBA season in jeopardy? 04:44
Stern: New NBA deal benefits all sides
Stern: New NBA deal benefits all sides

    JUST WATCHED

    Stern: New NBA deal benefits all sides

MUST WATCH

Stern: New NBA deal benefits all sides 02:28
NBA commissioner David Stern has said the 2010-2011 season was not profitable for most of the league's 30 owners, who want cost-cutting help from players. The league lost as much as $300 million last season, according to Stern.
One of the battles has focused on the owners' rejection of calls by the players' union for an average $7 million player salary in the sixth year of a new labor deal. The current average salary is about $5 million.
Other big issues include a fight over a move by owners to gain the bigger share of revenues and whether the NBA will strengthen its salary cap.
"We remain committed to reaching an agreement that's fair for both the teams and the players and allows for the long-term growth of our game," Silver said Friday.
The league's owners began a lockout of players in early July.