The NBA and NBPA will meet in a small group at 1:00 PM on Wednesday, a source has confirmed.

The NBA is also setting up a large area of the hotel for an evening press conference.

David Stern's ultimatum attached offer to the players will expire at the end of Wednesday. The players are attempting to get a few last minute concessions on system issues from the owners.

Marc J. Spears of Yahoo! Sports reports the NBA is attempting to fly in a few additional owners for Wednesday's meeting.