"The NBA Players Association has rejected the league's latest labor proposal and asked for one more bargaining session before a 5 p.m. deadline Wednesday that, according to commissioner David Stern, will cause the offer to vanish if there's no agreement. Flanked by the player representatives from 29 teams and roughly 15 more players who showed up for Tuesday's union meeting in New York, NBPA executive director Billy Hunter and president Derek Fisher announced that the player reps backed their recommendation to snub the NBA's offer from the weekend, which Stern says will be replaced by a far less appetizing offer if the sides can't reach an accord by the stated deadline." - ESPN