The NBA Players’ Association is in negotiations with the league’s human resources council over the next several weeks to discuss the possibility of a strike on June 29.
The union has been in talks with the CBA and has expressed willingness to negotiate a deal that would allow the league to resume play on July 1.
But the union has not yet reached an agreement with the NBA and has not made an official offer.
League sources told Fox Sports the union is trying to secure more concessions from the league in exchange for allowing players to continue playing through the strike.
If negotiations with NBA and CBA come to fruition, the NBA would then be allowed to resume its schedule.
If a deal cannot be reached, then the players will remain in lockout-shortened mode for a minimum of one more week before being permitted to resume the regular season.NBA players will be allowed on the court for a maximum of 14 games per season, with the playoffs on a two-game weeks basis.
The NBA Players League has said the team owners are willing to give up some revenue, but the union would like to see a greater share of the revenue, which is expected to top $1 billion for the season.
Players will be paid a salary of $4,200 per game, which would be about $1.3 million per player per season.
But that figure would increase if the league was to extend the season beyond the current seven-game window.
The league is also hoping to make concessions in the players’ union’s contract.
The union wants to get a larger share of all player revenues, which currently only cover about $300 million, according to a union source.
The salary cap for the current season is $50 million, but if the salary cap were raised to $60 million, that would mean the league would have to spend $150 million to $200 million to pay all players for the 2017-18 season.