Indications are it won’t be easy. CBSSports.com, citing a person familiar with the document, reported that the first proposal the league sent the union last week called for a reduction of the players’ share of the basketball-related income from 57 percent to below 50, as well as reductions in the length and amount of maximum value contracts, and elements of a “hard” salary cap to replace the current system that forces teams exceeding the cap to pay a luxury tax.
I can't see the players union being too quick to agree to that. It's understandable that the league and the owners would be looking out for their best interests at the best of times let alone in the current economy, but obviously the players have to do the same. I hope Stern is right, hopefully talking about these issues and working out a new CBA just under a year and a half before the current one expires will avoid another lockout.