It's gut-check time for players' union

Now faced with significant risk, NBA players must seriously consider owners' offer

Updated: October 10, 2011, 8:29 AM ET
By Larry Coon | Special to ESPN.com

The time for posturing, equivocation and half-hearted offers is over. When this week's bargaining sessions failed to result in a deal, NBA owners set a hard deadline: An agreement needs to be in place by Monday or the first two weeks of regular-season games will be canceled.

David Holmes, a corporate attorney based in Houston and who provides legal advice for some of my lockout-related work, has been in similar situation many times before. He believes the critical point in the settlement ...

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