Updated

NBA labor talks will reportedly resume Saturday.

Owners and players broke off negotiations on October 28 after three straight days of discussions ended without a new collective bargaining agreement.

According to the Boston Herald, the two sides will meet again on Saturday in New York in an effort to work toward ending the lockout. The report on Thursday added that both sides have been working separately within their own groups over the past few days to develop new strategies.

Following the latest edition of failed negotiations, NBA commissioner David Stern announced the second round of cancelled games. Stern initially wiped out the first two weeks of the season, which was scheduled to start this past Tuesday, and last Friday he announced of the cancellation of the remaining games in November.

Talks earlier last week appeared to show progress toward ending the stalemate that began on July 1, but the split of basketball-related income apparently remains a huge sticking point.