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Hawks Sale Uncloaks Stakes of NBA Lockout

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On Sunday, the identity of the secret Atlanta Hawks bidder was revealed as California businessman Alex Meruelo, a 48-year-old whose made his mark with a Latino-focused pizza chain, a Spanish-language TV station and a casino in Reno. In other words, his history is a bit different than, say, that of Ted Turner.

Of course, the NBA lockout is still on. It's more "on" than ever: there has been one bargaining session in 38 days since the lockout began, and that simply preceded a federal lawsuit filed by the NBA which alleged bad faith. The NBA owners still claim they need a reworked system that ensures profitability; the NBA players are still unwilling to hand over a substantial portion of their future paychecks because some owners made bad...

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