Also worth noting for those taking sides, via David Aldridge:
League also says it was union that first floated 50-50 concept.
Well, if you believer Stern (and I know a lot of your don't), the split was not really the issue. He claims that if they had worked out the other issues, they would have come up with a solution to the split.
And I actually think that makes sense. I think it has been made pretty clear over the last couple days that it makes little financial sense for both sides to hold to that last 2% difference. However, the system is a different story, and would be worth missing games over.
The owners want a harder cap, and the players don't, and that is what it appears really killed this.