NBA Lockout Talks Stretch 16 Hours, But Reportedly End With Little Progress

NBA lockout talks spanned 16 hours on Tuesday and early Wednesday, with federal mediator George Cohen keeping negotiators from the league and players' union in a conference room from 10 a.m. ET until 2 a.m. But reports out of New York suggest no major progress was made during the session, which has been cast as a "building blocks" meeting for a Wednesday session.

From Ken Berger of CBS Sports:

At one point late into the night, it was decided that the two sides needed to come back later Wednesday -- a session that is expected to decide whether the change of format and removal of emotion will yield movement in each side's position. A person with knowledge of the talks described Tuesday's session as laying the "building blocks" for Wednesday.

NBA owners had been scheduled to meet among themselves to review revenue sharing plans and lockout deal points, but the league's labor committee will instead reconvene with Cohen and players' union reps at 10 a.m. ET on Wednesday. Yahoo!'s Adrian Wojnarowski reports that any progress made Tuesday came only on small items.

Asked if the sides had closed any gaps between them, a source in the meeting told Y! Sports: "On small stuff. Hard to see where this is going."

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