Update: The NBA has put an offer on the table and the players will meet either Monday or Tuesday on whether to take it further to the entire players' union. If they say yes, a 72 game season will be played and we will have a comp. If the proposal is rejected, the NBA 2011-2012 FT tipping comp will be lost as there will not be enough rounds to compare to other years. At this point, according to the NBA website, games through December 15 have been cancelled, which is seven rounds of games, dropping us to 18. This weekend would have been "Week 3." I would have been willing to go 20 rounds and still call it comparable, albeit slightly shortened.
The NBA has announced that they are done negotiating. Their next proposal will be what it was back in June, that the players already rejected (47% of BRI to the players and a hard cap).
It's come down to this approval/rejection to save both the NBA season and our comp.
Next (and possibly final) update will be on Wednesday next week.