Posted: Wednesday October 5, 2011 10:40AM ; Updated: Wednesday October 5, 2011 11:59AM
Chris Mannix

Union details Tuesday's meeting in letter to all NBA players

Story Highlights

Derek Fisher, Billy Hunter sent a memo to players addressing Tuesday's meeting

The league informally proposed a 50/50 split in revenues near the end

The union, which received 57 percent of BRI in last CBA, refused an even split

Decrease font Decrease font
Enlarge font Enlarge font

After Tuesday's four-hour labor meeting in New York in which NBA players and owners failed again to reach a deal, union president Derek Fisher and executive director Billy Hunter sent a letter to all players updating them on the situation.

In their latest proposal, players offered to take a 52.4 percent share of basketball-related income, but as reported late Tuesday, the league suggested a 50-50 split. The union refused -- and it explains why in Wednesday's memo. Here's the full letter in PDF form.
Hot Topics: NBA Playoffs NHL Playoffs NFL schedule LaMarcus Aldridge Michael Pineda Phil Jackson Tiger Woods
TM & © 2014 Time Inc. A Time Warner Company. All Rights Reserved.
Terms under which this service is provided to you. Read our privacy guidelines, your California privacy rights, and ad choices.
SI CoverRead All ArticlesBuy Cover Reprint