I think this is PR is response to Woj's article that said Stern was the main problem in the negotiations. In all likelihood the NBAPL would still turn down the deal if it involved the flex cap that in many ways is a hard cap by just another name.
What no one is saying is that if the owners shared TV revenue the whole league would be profitable but the owners figured it would be easier to go against the players instead of each other. The only problem with that is that there is money out there Wilson Chandler, JR smith, and K mart were very likely broke and would of been voices arguing to end the shutout but then they found money overseas so basically all the players with money can sit this out. The owners on the flip DO NOT want the season to end because they would be forced to pay back season ticket holders and various sponsors all at once. Derrick Fisher gave a speech today saying basically this which means the players have a game plan.
My prediction is a 52-48 player/owner BRI split, a lower soft cap to lower the overall salaries of all teams, a removal of all the exceptions or a longer time linit on their use, the addition of the Melo Clause and possibly a rule that allows teams to amnesty 1 player with no cap penalties once every few years.