Watch CBS News

NBA Talks To Resume Wednesday

NEW YORK (AP) -- A person with knowledge of the plans says officials from the NBA and players' association will meet Wednesday, less than a week after three days of talks with a federal mediator couldn't produce a deal to end the lockout.

Talks broke down last Thursday after players said owners insisted they agree to a 50-50 split of revenues before they would further discuss the salary cap system. By not reaching an agreement last week, the NBA will likely be forced to cancel more games to go with the two weeks that were already scrapped.

The meeting, first reported by the Daily News of New York, will be small groups from each side, the person told The Associated Press on condition of anonymity because details of the negotiations were to remain private.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.