Sept. 30 (Bloomberg) -- All-Stars LeBron James, Kevin Durant, Dwyane Wade and Carmelo Anthony were among National Basketball Association players who arrived at a Manhattan hotel for labor negotiations that could determine whether the season starts on time.
The full negotiating teams of the league and the National Basketball Players Association are meeting today for talks that league Commissioner David Stern said two days ago would have “enormous consequences” on the NBA season, which is scheduled to start Nov. 1.
Union President Derek Fisher said Sept. 28 that several “key players” also would be present for today’s session, which comes on the 92nd day of a lockout and could lead into more negotiations this weekend as time dwindles before postponing the season becomes inevitable.
The NBA, which locked out the players when their collective bargaining agreement expired on July 1, already has postponed training camp indefinitely and canceled the first 43 preseason exhibition games through Oct. 15.
The two sides are negotiating over how to split revenue from a league that had about $4.3 billion last season. Stern has said that the league has lost at least $300 million in each of the past three seasons.
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