The National Basketball Association (NBA) owners and players will resume labour dispute talks today after 12 hours of discussions in New York ended late last night with the sides no closer to a resolution.
The talks at a Manhattan hotel had gone past Stern's deadline for players to accept his latest offer or get a worse deal on the table.
Stern had said the offer would switch to 53-47 in favour of the owners unless an agreement was reached yesterday.
However, with talks still ongoing, Stern says they will revert to that offer when this latest round of discussions ended.
After the marathon meeting, the NBA Players Association President Derek Fisher said they had failed to move any closer to a deal.