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American Morning

Baseball, Owners Close to Agreement

Aired August 30, 2002 - 07:00   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

BILL HEMMER, CNN ANCHOR: Forget about balls and strikes. It's a baseballs-and-numbers game right now, with both sides pounding it out over revenue sharing and a luxury tax. They've been in all night right now in New York City.
And Josie Karp is keeping a very close eye on the negotiations, and joins us for a quick update.

How does it look at 7:00 a.m. Eastern Time? Josie -- good morning.

JOSIE KARP, CNN CORRESPONDENT: Well, as of right now, they are still talking. In fact, a meeting just concluded.

I'll give you all of the up-to-the minute details and details all of the progress, if there is any, in just a few minutes.

Bill -- but now, back to you.

HEMMER: Got it. OK, Josie, thanks -- Josie Karp in New York City. They're about that close at the latest check of the numbers here.

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