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Sources: Owners talk revenue sharing

Updated: October 25, 2011, 9:36 PM ET
By Henry Abbott | ESPN.com

NEW YORK -- NBA owners met Tuesday in New York to discuss revenue sharing between high-revenue and low-revenue teams, sources directly involved in the talks said.

More than 10 owners and a large number of team staff were present, while other owners and staff joined the talks by phone, sources said.

The meeting followed a New York Daily News report that the league plans to announce it is canceling another two weeks of regular-season games on Tuesday. The NBA already has canceled ...

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