How will everything play out?

Larry Coon gives the answers to some frequently asked questions about the lockout

Updated: December 3, 2011, 9:03 PM ET
By Larry Coon | Special to ESPN.com

Saturday's breakdown of the NBA labor negotiations came with an ultimatum from the league: The players have until close of business on Wednesday to accept its latest proposal, or else it will reset its offer to where it was months ago -- including a 47 percent split of revenues and a "flex" cap system that the union already dismissed as a hard cap in disguise.

In the meantime, the players have been trying to find a way to fight back. A number of players, led by stars such as Paul Pierce, ...

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