Al-Jadaan at WEF: Saudi Arabia achieves $200 in investment returns for every dollar it spends    Maximum fine of SR900 for using mobile phone while driving    Saudi House pavilion at WEF showcases Kingdom's key achievements and promising investment opportunities    Convicted US Capitol rioter turns down Trump pardon    "Theeb Rent a Car" receives two awards for Best New Sustainability Practices and Most Distinguished Company in Social Responsibility from The Global Economics    US tech giants announce AI plan worth up to $500bn    Israel's military chief resigns over 7 October 2023 failures    Dangerous drug-resistant bacteria are spreading in Ukraine    France issues health warning as tons 'aphrodisiac honey' seized    Tariffs on imports only way to get fairness, says Trump    24 Democratic states and cities sue over Trump's bid to end birthright citizenship    Al Nassr secures hard-fought 3-1 victory over Al Khaleej in Saudi Pro League    Al Hilal signs young Brazilian talent Kaio César from Vitória Guimarães    Roberto Firmino's volley secures Al Ahli's 2-1 win over Al Ettifaq    Saudi Arabia introduces national policy to eliminate forced labor    Al Hilal solidifies Saudi Pro League lead with a 4-1 victory over Al Wahda    Saudi foreign minister expresses cautious optimism about Syria Prince Faisal will visit Lebanon soon    Arcapita & Parkway invest in a portfolio of high-growth Artificial Intelligence companies    Princess Hessa bint Salman attends launch of fashion design exhibition in Riyadh Princess Noura Al-Faisal: Art of Heritage showcases Saudi identity with a modern vision    Weight-loss drugs may boost health in many ways    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



NBA owners, players silent after 16 hours of talks
Published in The Saudi Gazette on 20 - 10 - 2011

out players met with a federal mediator for more than 16 hours before the longest contract negotiating session of the bitter money dispute ended Wednesday with no public comments.
The first two weeks of the 2011-2012 NBA season have already been wiped out and NBA commissioner David Stern said that more games could be lost if the two sides, widely split on how to divide revenues, could not make progress Tuesday.
The marathon session was the longest since the lockout began on July 1 and the first to feature US mediator George Cohen, who entered a similar collective bargaining dispute earlier this year with American football owners and players. Cohen asked both sides to refrain from making comments to the media and those involved in the Manhattan talks complied when the session broke up just after 2:00 A.M. Wednesday, the 111th day of the shutdown.
“We have a gag order,” NBA union executive director Billy Hunter said.
Whether any movement was made toward a new deal was unknown but talks were set to resume later Wednesday even as NBA owners were set to begin two days of meetings later in the day.
“The mediator asked both sides to refrain from making public comments,” an NBA spokesman said.
NBA commissioner David Stern had hinted that games as far off as Christmas might be at risk if there was no progress toward a new deal Tuesday, although players said they saw that comment as a negotiating ploy.
NBA owners and players are stalemated in the first shutdown of the league since the 1998-99 season was reduced from 82 to 50 games per club over similar issues.
Billionaire club owners and multi-millionaire NBA players each want about 53 percent of revenues, which would represent a four-percent cut from about $2.17 billion that players divided last year from the contract that expired July 1.
Owners want to exclude more income from the revenues that must be shared with players and they want a larger chunk of the shared money as well, plus a salary cap without the numerous exceptions that were in the prior contract.
Players have already agreed to cuts they say would provide the league $1.3 billion over six years and do not want a salary cap.
Some players have signed with overseas clubs to be certain of not losing a full year of their careers to the lockout.
Cohen's background also includes serving as a lawyer for Major League Baseball's players union in 1995 when a court injunction against club owners in 1995 ended a 7 1/2-month dispute, one that wiped out the 1994 World Series. __


Clic here to read the story from its source.