Sunday, October 30, 2011

NBA: All Nov games wiped out as talks break off

NBA commissioner David Stern called off 121 more games of the 2011-2012 season on Friday as contract talks between club owners and locked-out players broke down, ending all hope of a full schedule.

Billionaire owners and millionaire players remained deadlocked on how to divide annual revenues of about $4 billion nearly four months after the old deal expired July 1, prompting owners to shut down the league.

http://vuhoops.com/wp-content/uploads/2011/06/basketball-money.jpg

Stern had already wiped out the first 100 games of a season that was to have started next Tuesday. He added all games from November 15-30 after three days of meetings ended in failure with no new bargaining sessions scheduled.

"In light of the breakdown of talks, there will not be a full NBA season under any circumstances," Stern said. "It's not practical, possible or prudent to have a full season now.

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