NBA Lockout Talks Result In Little

(NewsCore) - After two days of meetings, including Saturday's marathon that lasted more than seven hours, both the NBA's owners and players admit there has been little progress in the lockout.

More talks are scheduled for Monday and Tuesday in New York -- or the same days training camps would begin if this were a normal year.

While NBA commissioner David Stern said no announcement was coming on cancellations, there is no other option than to lose the NBA preseason. The start of the regular season -- scheduled for November 1 -- is also in jeopardy.

The subject of basketball-related income (BRI) remains a major sticking point, with several reports saying the owners do not want to give up more than 46 percent of it, while one source told FOX Sports they never will.

If that is true, the lockout would last at least until Christmas, or about the time the league will have to decide whether there can be any sort of season at all.

"[It's been] a long and sometimes exhausting two days," Stern told reporters in New York. "We're not near anything, but wherever that is, we're closer than we were before."

Stern's comments, while a little difficult to comprehend, are still an improvement from Friday, when star players such as Dwyane Wade, LeBron James, Paul Pierce and Kevin Durant were in attendance -- and when Wade reportedly confronted Stern after the commissioner wagged his finger in the Heat star's direction.

"There was a heated exchange of some kind," was how Stern classified it one day later.

Added deputy commissioner Adam Silver, "The owners certainly heard the passion from the players, and right back at them from the owners."

A lot of the passion, at least as far as the players are concerned, likely results from the owners' insistence on not budging on the BRI issue.

"If you gave them everything they're asking for, you'd ultimately have a hard cap," said union executive director Billy Hunter.

Read more: FOX Sports Ohio