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Stern has said owners will have an expanded revenue sharing package among teams once the collective bargaining agreement has been completed. The union has pushed for it to be part of the CBA discussions, believing better sharing among teams would help owners address what they said was $300 million in losses last season. But Stern said recently he is confident players would approve the owners' new system.
Players believe owners' attempts to make the luxury tax more punitive and limit the use of spending exceptions will effectively create a hard salary cap, which they say they will refuse to accept. Also, each side has formally proposed receiving 53 percent of basketball-related income after players were guaranteed 57 percent under the previous CBA.
They talked about a 50-50 split, but players rejected it and the league has said it won't go beyond that number.
Unable to make any real headway in recent weeks on either item, both sides welcomed the presence of Cohen, who also spent 16 days trying to resolve the NFL's labor dispute in February and March.
Their first day together produced a bargaining session that was more than twice as long as any previous one since owners locked out players when the old CBA expired June 30.
[Associated Press;
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