Once the players got some leverage, the lockout quickly ended
David Stern's deadline came and went and both sides kept talking. They'll start again Thursday at noon. No deal yet.
The owners tonight presented a "compromise" in which they give up nothing - and the players should probably just take it.
The NBA lockout negotiations reached an impasse; federal mediator George Cohen says "no useful purpose" in more meetings at this time.
The league keeps all of their national TV revenues if the lockout leads to a partial season. But they have to pay the money back if the entire season is lost.