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24 Hour extention agreed on by league and player's union

I've been trying to follow this ordeal and keep up with all the legal terms that are being thrown around like  decertification and  antitrust suits in preparation for tonight's deadline. The two parties though had other ideas as they have agreed on a 24 hour extension of the Collective Bargaining Agreement.

The 24-hour extension could very well lead to a longer extension, according to a league source.

U.S. District Judge David Doty was in his chambers in Minnesota, prepared to review whatever was put his way. However, Todd Winter, one of Doty's law clerks, said the office wouldn't comment on anything regarding CBA negotiations at this time.

Doty would have to sign-off on any extension before it becomes valid.

The longer this thing drags on the more power the owners have.  The players union would do good to get things done now instead of after players start losing money.