If the owners have reached their bottom line, what's the sense in spending tens of thousands of dollars (presuming attorneys are involved) for a meeting that will go nowhere?
This is nonsense to me. Attorney fees are a tiny portion of the money at play in the deal, and they are staring down the barrel of guaranteed losses if games start dropping off the face of the earth. You also can't reach a settlement, if you don't talk, and bottom lines are meaningless unless they become part of the final deal. Owners have already backed off one bottom line already, which gives you a clue as to how much this one might be worth.
Behavior like this is called "penny wise, pound foolish".
This is the league statement:
You'll note that I was responding to StartOrien's paraphrasing. If what the league says in their statement is correct (we're not moving on the split, but let's talk about these other things), and the players told them to take a hike, that's fine. It's only dirty in the situation that I laid out.
Sometimes, negotiators just get to a point where they won't compromise any further.
I have said this to you once before, I guess it bears repeating: this is not a general case negotiation. This is the NBA vs. the NBPA. Refusal to compromise further carries with it serious monetary risks for both parties, far above and beyond the difference in their positions. This colors everything that they do.