The NBA lockout has already cost two weeks of games, and probably more, but after hours of negotiations over the past few days nothing is accomplished. The main issue is over how to split basketball related income and in the latest rounds ouf negations on Thursday the owners presented a "take it or leave" it 50-50 split.
NBPA union executive Billy Hunter gave that ultimatum the reason that talks broke down. Hunter said that the players will not accept a 50-50 split unless they know what the structure will look like regarding a salary cap, luxury tax and exceptions will eventually look like. Hunter also went on to say that the 50-50 split was to break the players association.
This 50-50 split was all in the presence of the mediator who was to make this process move along and get a deal done, and the extremely long hours that all sides have spent together are not getting this deal done any sooner. The main sticking point is still how to split the basketball related income.