NBA Talks Resume Today, Obama Weighs In On Lockout

October 26, 2011

NBA talks will reportedly resume today, according to the New York Daily News, with both sides meeting at a Manhattan hotel later this afternoon. It was less than a week ago that both sides were nowhere near agreeing to a new deal, but could all that change in the next several days?

David Stern

After three days of discussions last week, NBA talks abruptly broke down on Thursday after owners insisted that the players agree to 50/50 split of revenue before they would even talk about the salary cap system. Players’ president Derek Fisher accused Adam Silver, Deputy Commissioner, and Peter Holt, chairman of the labor relations committee and San Antonio Spurs owner, of lying to the media during their press conference about what happened when talks broke down.

For both sides to return to the bargaining table so quickly is probably a good sign, and hopefully the season will be restored soon. We’ve already seen the first two weeks of the NBA season canceled, 100 games lost. If talks don’t go in a positive direction in the next several days, we can expect the remaining 102 games of November to be canceled as well, scheduled from November 15 through the 28th.

Even President Obama weighed in on the NBA lockout, speaking with Jay Leno last night (see the video below at the 5:30 mark). Leno asked who he felt was to blame, the players or the owners, but the President refused to put fault on one side over the other.

“Well, look, if you look at the NFL, they were able to settle theirs…And I think they understood. Players were making millions of dollars. Owners, some of us are worth billions of dollars. We should be able to figure out how to split a $9-billion-pot so that our fans, who are allowing us to make all of this money, can actually have a good season. And I think the owners and the basketball players need to think the same way.”

“They need to remind themselves that the reason they are so successful is because a whole bunch of folks out there love basketball. Basketball has actually done well, but these types of lockouts take a long time to recover from.”

Amen! Let’s keep our fingers crossed that the whole season won’t be lost.


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