David Stern exited Tuesday's meeting smiling, which was the opposite of last week's more somber tone.
The meeting lasted less than three hours and plan to meet again on Wednesday.
Derek Fisher said no new formal proposals were presented, but "ideas and concepts" were discussed.
Kevin Murphy, economist for the NBPA was not present, but is expected to join on Wednesday. Murphy's approval is key to the NBPA agreeing to a new deal.
Stern believes Wednesday's meeting will be very important to where talks will go next.
"We will know more after tomorrow's meeting," said Stern.