Labor talks reportedly take turn for worse

According to Chris Mortensen and Mike Freeman, the CBA talks have regressed as the owners have apparently gone back to "playing games" by reneging on the reported agreement to give the players a flat 48% of all revenue. Reportedly, the owners have gone back to requesting an expense credit off the top amounting to between $400 million and $500 million which would knock the players' cut down to around 45%. Meanwhile, Albert Breer is tweeting that the negotiations are continuing at this hour in Minneapolis:

I've heard the cries for weeks now -- "Why aren't they locked in a building, 'round the clock?" Looks like people are getting their wish...Big shots arrived at around 9 am CT. All hell broke loose in the 4 o'clock hour with doom and gloom. Almost 9 pm now. They're still meeting...We're past 10 CT ... And they're still meeting. Entering Hour No. 14 of this day's negotiations.

Mike Florio's reaction is that it's about time the two sides burn the midnight oil in pursuit of an agreement, and that perhaps it's time for Judge Doty and the Eighth Circuit judges to issue their rulings and push things along. Finally, Judy Battista is hearing that the two sides are still close enough that a deal could be reached within 72 hours, although a settlement is more likely to stretch another week and a half, if not more.

Doug is IAOFM’s resident newsman and spelling czar. Follow him on Twitter @IAOFM