The NBA and NBPA met for over 15 hours on Wednesday with talks ending after 3:00 AM on Thursday morning.

Talks will resume on Thursday at 2:00 PM EST.

Billy Hunter said that the two sides focused on system issues and did not discuss a split of basketball-related income. Hunter also said that playing a full 82-game regular season schedule remains a possibility.

Hunter said that depending on how talks go on Thursday, they may be able to elaborate on specifics after those meetings.

"We can't say that major progress was made, but there was some progress on some system issues," said Derek Fisher.

David Stern and Adam Silver sounded even more optimistic about a deal being close during their comments to the media.

"There's no question today was a better day than last Thursday," said Silver. "There's no question we made progress on significant issues."

Stern also talked about the hope that as many regular season games as possible could be salvaged if an agreement is reached quickly in the coming days.