Derek Fisher said Friday that NBA lockout talks broke down after the owners, led by commissioner David Stern, essentially presented a "take it or leave it" proposal to split basketball-related income 50-50. Fisher told reporters covering the lockout meetings that he cannot sell a 50-50 split and owner-requested changes to the salary cap system to his players.
The talks have now broken up three times in October over the owners' unwillingness to move beyond a 50-50 revenue split. Fisher said that the players are down to 52.5 percent; the previous collective bargaining agreement allotted 57 percent of basketball-related income, about $3.8 billion last season, to players in the aggregate.
The two sides are about $100 million per season apart. The league has already cancelled 100 regular season games, and reports suggest Stern will cancel an additional 102 games -- all scheduled contests through November 28 -- later Friday.
Stern is scheduled to speak to reporters Friday evening.