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NEW YORK -- NBA owners and players are ready to try mediation, and commissioner David Stern wants results quickly. Stern said last week during an interview with WFAN radio in New York without a deal Tuesday when the sides meet with federal mediator George Cohen, his "gut" was there wouldnt be NBA basketball on Christmas. Owners are opening two days of board meetings Wednesday, and Stern wants to be able to bring a deal to them. But can a mediator swoop in and smooth out two years of bickering in one day? Lawyer Jay Krupin, chair of EpsteinBeckerGreens national labour practice in Washington, doesnt think so -- unless the players are prepared to concede on some issues. "If the players want to get back on the court, then this is a great time for them to try to show that theyre willing to make some type of compromise, and I think thats what it is," he said. "This is an opportunity to really determine whether or not the players are willing to make concessions. "I think the owners are willing to walk away without concessions, so if the players really want to make concessions when they meet, that has to be expressed to the mediator. "If that happens, then the burden turns to the NBA to say, All right, youll be willing to make some concessions; now were willing to talk. If theyre not willing to make concessions, then the mediation would just go on for the day and itll let the NBA know that they probably have to cancel, go through Christmas and maybe even the rest of the season." Players already feel theyve conceded plenty financially, and they dismissed Sterns attempt to attach added importance to Tuesdays talks. Union president Derek Fisher of the Los Angeles Lakers said it was just an "arbitrary deadline" for potential Christmas cancellations. Stern was clear in the radio interview and others he gave late last week that he was just stating his opinion about further losses of games -- but not about his desire for significant movement Tuesday. "If theres a breakthrough, its going to come Tuesday," he told NBA TV. "And if not, I think that the season is really going to potentially escape from us because we arent making any progress." Cohen, who tried to resolve the NFLs labour dispute, met with the sides individually at their offices in New York on Monday. He will then oversee talks between their full bargaining committees Tuesday at a hotel. He said last week he had already been in contact with representatives of both sides "for a number of months," so hes familiar with some of the issues that still divide them. Players oppose a hard salary cap, and they believe owners attempts to make the luxury tax more punitive and limit the use of spending exceptions will effectively create one. Also, each side has formally proposed receiving 53 per cent of basketball-related income after players were guaranteed 57 per cent under the previous collective bargaining agreement. With so many issues remaining beyond those, it seems too much to get done in one day. Executive director Billy Hunter said Friday after meeting with players in Los Angeles the union sought to have the whole week set aside for mediation but the league wouldnt commit to that because of its owners meetings. "The board of governors meeting has been scheduled for a year for Wednesday and Thursday. We told the mediator that we would make ourselves available day and night on all other days," Stern said in a statement to The Associated Press. Cohen was appointed director of the Federal Mediation and Conciliation Service by American President Barack Obama in 2009. He helped broker a deal between Major League Soccer and its players just before the season was scheduled to begin and was lead lawyer for the baseball players union when it won an injunction against its owners in 1995, ending the 7 1/2-month strike. Krupin calls Cohen "a very good mediator" and "wonderful gentleman," saying, "If theres a real interest in the parties trying to get something done, George would be able to make it happen." But, he adds, thats dependent on the players. "Its much easier for the federal mediator to say to the players, Look at the scale where we are. Really the owners have very little to lose. They made a long-term investment. As players, you have only a few years to play at your peak and the owners can hold out a lot longer than you can. So when you look at this objectively, you really should try to understand that there has to be a change in the system," Krupin said. "And I think thats why the commissioner said, Im going to give you Tuesday. Im not going to meet the rest of the week. I think that (owners) know they have the upper hand and theyre giving them the opportunity to reach a deal, and so I dont see George having to put great thoughts into either sides mind. 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