CBA update: Owners, players sit down in same room. That’s about it.

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This was the one bit of good news — for the first time in two-and-a-half months the owners and players sat down in the same room and talked about a new Collective Bargaining Agreement.

Words like “amicable” and “thawed” were thrown around by Billy Hunter, executive director of the National Basketball Players Association (the union) in a post meeting press conference. He used nice words — as did union president Derek Fisher — to say that after this kind of meeting both sides may be more open to compromise down the line.

But nothing changed. At all.

That became more and more clear the more Hunter talked. Behind the soft words was the same message.

“If we have to give up a season to get a reasonable deal we can live with, we’re ready to go,” Hunter said. “We don’t want to, but if forced to do it we’ll suffer some pain.”

Both sides had large contingents at the meeting. No specifics were discussed at this meeting, this was more philosophical and having the two sides understand where each other are coming from, Hunter said. But that didn’t stop Fisher from getting in a little dig (with plenty of truth to it).

“We’ve actually had some of our owners say, basically, we need to be protected from ourselves,” he said.

There are not going to be any proposals going back and forth, rather the two sides are going to sit down in small groups over the coming weeks to discuss aspects of the deal. Meanwhile the union will continue to plan for a lockout, including working with banks to have loans available for players. Also the owners will give the union the combined financials for 09-10 season, helping to show the union their situation and why the players need to give something back.

Both sides understand there needs to be a change in the economic system to make it easier for more teams to turn a profit, especially when the economy is not booming. The disagreement is how to get there. The owners want to control costs more by reducing and limiting player salaries. The players counter that some owners are making plenty of money — Hunter called the Lakers new television deal, reportedly about $3 billion over 20 years, the elephant in the room — and that the owners need to have revenue sharing, not just put it back on the players.

They are still a long, long ways apart. But at least they are talking. That’s a start. Still, neither side really sounds ready to compromise (not in a meaningful way).

The lockout is coming people. Hunter was asked if this negotiation was going to go down to the wire.

“It always does,” he responded.

The thing is, the real wire is not July 1, when the lockout would start, but more like mid September when training camps and games start to become threatened.

Then we’ll see if the two sides have intentions to back up the nice words.

Minnesota signs undrafted rookie Naz Reid to multiyear deal

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MINNEAPOLIS (AP) — The Minnesota Timberwolves have signed rookie center Naz Reid to a multiyear contract, upgrading the two-way deal they initially gave him before a strong performance for the team’s entry in the NBA Summer League in Las Vegas.

The new contract, completed Thursday, all but ensures that Reid will be on the regular-season roster, after going undrafted out of LSU.

Jon Krawczynski of The Athletic broke the story.

The 6-foot-10, 250-pound Reid averaged 11.9 points and 5.4 rebounds in 18.6 minutes over seven summer league games against other clubs largely composed of rookies and second-year players. The Timberwolves’ team reached the championship game.

Reid averaged 13.6 points and a team-high 7.2 rebounds in his lone season at LSU, which reached the Sweet 16 of the NCAA Tournament.

Bulls bring back Shaquille Harrison on one-year contract

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Shaquille Harrison started last season as an afterthought at the end of the Chicago Bulls’ bench. Then, because Cameron Payne was not good and Kris Dunn got injured (and was really not that good, either), Harrison got his chance — and took it. He was a defender Fred Hoiberg and then Jim Boylen could trust, and he played in the final 72 Bulls games last season at almost 20 minutes a night.

He will be back with the Bulls next season, the team announced.

While not announced, this is a one-year minimum contract. The Bulls waived Harrison back on July 6 as they remade the roster, but Harrison played one game at Summer League for the Bulls and they decided to bring him back.

Harrison is a Boylen favorite — he plays hard and defends well — and while minutes will be harder to come by behind Tomas Satoransky and Coby White, Harrison is a guy Boylen wants on the bench.

Dunn is on the roster at point guard, too, but the Bulls are rumored to be looking to trade him and his $5.4 million salary. Chicago will likely have to throw in a sweetener, like a decent second-round pick, to make that happen.

Nike countersues Kawhi Leonard over ‘Klaw’ logo

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“My mind on my money and my money on my mind.”
—Snoop Dogg

Nike and Kawhi Leonard are going to court over control of his “Klaw” logo, and it’s all about money and brand.

Leonard left Nike last season, eventually signing with New Balance, and he wants to be able to market his Klaw logo as part of his line with his new company. Leonard and his representatives sued Nike for control of the logo, saying Leonard came up with it in his own drawings.

Nike has countersued and said Leonard did not design the logo. Tim Bontemps of ESPN had these quotes from the countersuit itself.

“In this action, Kawhi Leonard seeks to re-write history by asserting that he created the ‘Claw Design’ logo, but it was not Leonard who created that logo. The ‘Claw Design’ was created by a talented team of NIKE designers, as Leonard, himself, has previously admitted…

“In his Complaint, Leonard alleges he provided a design to NIKE. That is true. What is false is that the design he provided was the Claw Design. Not once in his Complaint does Leonard display or attach either the design that he provided or the Claw Design. Instead, he conflates the two, making it appear as though those discrete works are one and the same. They are not.”

TMZ posted the designs.

I’m not about to guess what a judge would decide in this case. Most likely, this gets settled one way or another.

Meanwhile, New Balance is trying to come up with a new slogan for Leonard and his gear. King of the North is now out after his move to the Los Angeles Clippers this summer.

J.R. Smith reportedly meets with Bucks to talk contract

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After five seasons in Cleveland, the Cavaliers waived J.R. Smith. The 34-year-old veteran wing is not part of the Cavaliers future, and by waiving him before the guarantee date they only had to pay him $4.4 million of this $15.7 million salary.

That makes Smith a free agent.

He sat down with the Bucks on Thursday, according to Shams Charania of The Athletic.

The Bucks can only offer minimum contracts at this point.

Smith will turn 34 before next season starts and his skills are in decline, he shot just 30.8 percent from three last season. The Bucks will likely start Khris Middleton and Wesley Matthews on the wing with Sterling Brown, Pat Connaughton, and Donte DiVincenzo behind them. They have the roster spot to make the addition. The questions are does Smith fit, does he want the small role that’s really available, and how often will he wear a shirt around the facility?