Air Ball: November Shot As NBA Cancels More Games
BigLeadSports : Business, NBA October 29th. 2011, 2:13am
There is joy in St. Louis with the Cardinals now the reigning World Series champs.
There is not much joy in New York, Los Angeles, Boston, Chicago, the Texas Rangers’ stomping ground in Dallas and other NBA cities as the league has officially canceled all games through the end of November after talks between owners and players shot an air ball.
The decision means the league will not play 82 games this season, if any at all.
“We’ve had, until this afternoon, a pretty good several days of give and take. A lot of things were reaffirms. A lot of concessions went back and forth,” commissioner David Stern said during a media conference in New York on Oct. 28.
That’s when the other sports shoe dropped. “Then we turned to the subject of how to divide basketball-related income. The owners were willing to got to a 50-50 BRI split. That’s when Billy Hunter said [the players] would not go a penny below 52. Then he closed up his book and walked out of the room. And that’s where we are.
“Our games are canceled through Nov. 30,” the commissioner said. “It’s not practical, possible or prudent to have a full season now. There will not be a full NBA season under any circumstances.”
Stern then got down to lost income on both sides. According to Stern, the NBA lost $200 million by canceling the preseason and will lose hundreds of millions more with November off the boards.
“We’re going to have to recalculate how bad the damage is,” Stern said. “The NBA’s . . . next offer will reflect the extraordinary losses that are starting to pile up now.
“Both sides are very badly damaged,” said Stern. “The amount of dollars lost to the owners is extraordinary. And the amount of dollars lost to players under individual contracts is also extraordinary.”
Although he did not name names, Stern offered, “You can make computations about who’s going to be able to make it back and who’s not going to be able to make it back. I’m not sure that any time in the short run the owners will be able to make it back.
“And I know for a fact that in the short run, the players will not be able to make it back and probably never be able to make it back.”

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