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The Lone Granger
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David Stern exited Tuesday's meeting smiling, which was the opposite of last week's more somber tone.
The meeting lasted less than three hours and plan to meet again on Wednesday.
Derek Fisher said no new formal proposals were presented, but "ideas and concepts" were discussed.
Kevin Murphy, economist for the NBPA was not present, but is expected to join on Wednesday. Murphy's approval is key to the NBPA agreeing to a new deal.
Stern believes Wednesday's meeting will be very important to where talks will go next.
"We will know more after tomorrow's meeting," said Stern.
-RealGMOn Tuesday, sources say owners made a modest concession on their stance of implementing a hard salary cap for the first time since labor negotiations began.
The owners proposed an idea similar to the current system that permits teams to pay a luxury tax for going over the cap. The new system would increase punishments for teams that go over the cap beyond its current dollar-for-dollar tax.
The owners’ proposal on Tuesday “would still have the affects of a hard cap,” one source with knowledge of the talks said.
The owners didn’t budge on a desire to change the basketball-related income percentage (BRI) to a split that takes the players from 57 percent to the mid 40s, sources said.
Really sounding good after yesterday's meeting. Some optimism that the season could be saved. I think the owners are starting to realize that the lockout lasting would have awful effects on the NBA. If they have a good meeting today, rumor has it that there could be a full NBA season. Hopefully a deal gets done!
Thoughts?