2011 NBA Lockout Update: Friday's Talks Break Down

The NBA's owners and players met for the third consecutive day on Friday, and they had hoped that the day might bring a resolution to the conflict over finances:

Both sides pointed toward Friday as the day they hoped to close the gap on the finances. Owners are insistent on a 50-50 split of revenues, while players last formally proposed they get 52.5 percent, leaving them about $100 million apart annually. Players were guaranteed 57 percent in the previous collective bargaining agreement.

However, multiple sources, including Yahoo!'s Adrian Wojnarowski, that talks between the league and the Players Association have "broken off" once more. Disagreement over the revenue split remains one of the major issues preventing the sides from coming to terms.

Stay tuned to SB Nation Chicago for more information, and for in-depth analysis on the Chicago Bulls be sure to visit Blog a Bull. Visit SB Nation NBA for more news and notes around the league, and check the SB Nation storystream for the latest news on the NBA lockout.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation Chicago

You must be a member of SB Nation Chicago to participate.

We have our own Community Guidelines at SB Nation Chicago. You should read them.

Join SB Nation Chicago

You must be a member of SB Nation Chicago to participate.

We have our own Community Guidelines at SB Nation Chicago. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.