Showing posts with label nba. Show all posts
Showing posts with label nba. Show all posts

Saturday, November 26, 2011

Tentative deal moves NBA lockout closer to end

(AP) NEW YORK - With a tentative labor agreement in place, National Basketball Association owners and union officials went back to work Saturday, relaying details of the deal with hopes of cementing it quickly.


After a 149-day lockout that ultimately will cost the league approximately a half-billion dollars in losses, a marathon bargaining session produced a handshake agreement earlier in the day — actually, just a few hours before daybreak.


President Barack Obama gave a thumbs-up when told about the tentative settlement after he finished playing basketball at Fort McNair in Washington on Saturday morning..................................