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2011 NBA Lockout News: Wednesday Talks Become Thursday Talks Without An Agreement In Place Yet

NBA lockout negotiations have pushed through David Stern's original Wednesday at 5 p.m.deadline, because representatives for the owners and players are still trying to hammer out an agreement. Wednesday's meeting pushed right into early Thursday morning local New York time, but nothing was agreed upon by either side. Talks will continue on Thursday at 12:00 p.m. ET. 

Stern had extended an informal ultimatum to players earlier in the week, and now it appears both parties have taken the process seriously enough to disregard the deadline for acceptance. Even so, Stern refused to talk much about the progress of the negotiations

"Nothing was worked out today," commissioner David Stern said. "I would not read into this optimism or pessimism."    

Furthermore, NBPA President  Derek Fisher didn't sound too optimistic when he spoke to reporters either, adding: "We're going to meet again tomorrow to give it our best effort, but we don't know if it will be enough."

For more on the latest details of the negotiations, make sure to check out Tom Ziller's most recent article.

Stay tuned to SB Nation Chicago for more information, and be sure to check out theSB Nation storystream for the latest news on the NBA lockout.