The Players Association and NBA will stage a downsized generic meeting today to discuss broader issues involving the league’s financial problems in the first gathering since the June 30 pow-wow that bled into the lockout, a person briefed on the lockout told The Post.
That person emphasized that today’s is not a negotiating session and the sides “will not discuss the key economic issues” that forced the lockout. Instead, it will focus on the “system” of the NBA’s business model.
During the failed June 30 meeting, the union asked the NBA for financial information as it was looking to find new ways to generate revenue streams. The NBA claimed losses of roughly $340 million during the 2009-10 season, saying most teams lost money.
The person briefed on the lockout said a few such meetings may take place before a larger gathering is staged in which the negotiating process will take place. Deputy commissioner Adam Silver is expected at today’s meeting. It is unclear if commissioner David Stern will show up.