Owners, Players Hold 5 Hour Long Bargaining Session

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The NBA and players' union held a five-hour bargaining session in New York on Wednesday.

The two sides have agreed to meet again on Thursday and possibly on Friday.

"I think there is" time to get a deal, union chief Billy Hunter said.

Derek Fisher said negotiations have evolved to a point where compromise is close, though both he and Hunter said that it wouldn't happen "until deal is done."

David Stern, Adam Silver and Dan Rube were present for the meeting representing the owners.

Glad to see we got some progress being made.