NBA cancels all games through Nov. 30

(AP) - NBA Commissioner David Stern canceled all NBAgames through Nov. 30 on Friday after NBA labor negotiations brokedown for the second time in a

NEW YORK - (AP) - NBA Commissioner David Stern canceled all NBAgames through Nov. 30 on Friday after NBA labor negotiations brokedown for the second time in a week. "It's not practical, possible or prudent to have a full seasonnow," Stern said. After two days of making some progress on salary cap issues, thetwo sides brought the revenue split back into the discussion andgot stuck on both. Owners are insistent on a 50-50 split of revenues, while playerslast formally proposed they get 52.5 percent, leaving them about$100 million apart annually. Players were guaranteed 57 percent inthe previous collective bargaining agreement. "We made a lot of concessions, but unfortunately at this timeit's not enough, and we're not prepared or unable at this time tomove any further," union executive director Billy Hunter said. Stern said the NBA owners were "willing" to go to 50 percent.But he said Hunter was unwilling to "go a penny below 52," thathe had been getting many calls from agents and then closed up hisbook and walked out of the room. Hunter said the league initially moved its target down to 47percent during Friday's six-hour session then returned to itsprevious proposal of 50 percent of revenues. "Derek (Fisher) and I made it clear that we could not take the50-50 deal to our membership. Not with all the concessions that wegranted," Hunter said. "We said we got to have some dollars." But with more games canceled, the losses will begin to mount. "We're going to have to recalculate how bad the damage is,"Stern said. "The next offer will reflect the extraordinary lossesthat are piling up now." Just a day earlier, Stern had said he would consider it afailure if the two sides didn't reach a deal in the next few daysand vowed they would take "one heck of a shot" to get a deal. No further talks have been scheduled.

advertisement | advertise on News 12

Top 5 Must See

The school district says the candy made the 1 Sachem SD: 6 students hospitalized after eating potentially laced candy
Robert Crumb, 44, pleaded not guilty to second-degree 2 Man pleads not guilty to stabbing wife to death in Bethpage
Campus personnel found swastikas at Nassau Community College 3 Swastikas found scrawled inside Nassau Community College building
The motel, which was converted into a drug 4 Brookhaven asks Suffolk to remove vacant Ridge Motel East
Rev. John Barres, 56, bishop of the Diocese 5 Pope appoints new bishop to Diocese of Rockville Centre

advertisement | advertise on News 12

Features

Need help this holiday season? We've got you Holiday Help Series

Need a gift idea? Perhaps you need a fun idea to do with the kids?

Each week a different shelter visits News 12 Dog Day Fridays Series

Each week a different shelter visits News 12 Long Island with pets up for adoption.

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE