Jul 15, 2009 4:07 PM EST

Fearing an economic climate even worse than expected, some NBA owners believe that the worst-case projection of a 5 percent drop in the salary cap next year may be too optimistic.

But as the league and union prepare to enter into a new round of labor negotiations, the union head Billy Hunter is not yet conceding the legitimacy of the league's projection of a 2.5 percent to 5 percent drop in the cap.

"If it later turns out that the league did not have a good-faith basis for making these projections, the N.B.P.A. will pursue all available legal remedies, including a treble damages claim for collusion," Hunter said.

Via New York Times