Here's a passage from an article I wrote in March when the lockout was first enforced. It quotes Hofstra Law School professor Ronald Colombo:
Colombo said that a ruling in the injunction hearing could tilt the tables in one direction over the other, forcing the sides to reconsider their bargaining positions.
“It’s like a high-stakes game of chicken right now and nobody knows who has the upper hand,” he said. “So when the court comes in and gives one of its first rulings, that gives a perfect example of where things are leaning. Then you realize that maybe their car is bigger than mine, maybe I ought to zig and let them go straight … We’ll learn a lot after that hearing.”
Right now, after today's ruling, the players clearly have the bigger car. We'll see when the owners zig.