NBA Lockout Update: Owners Still Offering Players Less Than 50 Percent Of Basketball-Related Income, According To Report

The news that the NBA lockout has caused the postponement of the NBA preseason and training camps was bad, but the latest on the actual negotiations only softens the blow a little. The good news for NBA fans is that the owners have made a compromise on the percentage of Basketball-Related Income they are willing to offer the players. The bad news is that offer is still below 50 percent, according to Ken Berger of CBS Sports.

More details emerged Friday of a revised proposal from the owners on the split of revenues with the players, with two sources telling CBSSports.com that the aggregate share offered by the league remains below 49 percent.

The number offered Thursday by commissioner David Stern and deputy commissioner Adam Silver was deemed "unacceptable" by representatives of the National Basketball Players Association, according to one of the sources familiar with the proposal.

Under the previous NBA agreement, the players received 57 percent of BRI. They had offered to cut that figure down to 54 percent and have been willing to go even further down, but not this far as of yet. The good news, according to Berger, is that some progress is being made, albeit not much.