According to a multitude of reports on Twitter, the owners have accepted the players' offer to extend the CBA talks for another seven days. The new deadline will be next Friday (March 11) at 5pm ET, and mediated negotiations will resume on Monday. This extension is purely for the sake of working toward a new CBA, so no player transactions will be permitted.
Doug is IAOFM’s resident newsman and spelling czar. Follow him on Twitter @IAOFM