After the breakdown, again, of NBA talks Friday to reach a new collective bargaining agreement, Commissioner David Stern announced the cancellation of games through November.
And, he said, in effect, the league and players have lost the shot at getting in a full season.
“It’s not practical, possible or prudent to have a full season now,” said Stern, who projected several hundred millions of dollars in losses without games in November, on top of the $200 million lost without the preseason.
He said the NBA’s “next offer will reflect extraordinary losses that are starting to pile up now, and you can assume that our offer will change to reflect the changed economic circumstances.”
Stern also added, “The amount of dollars lost to the owners is extraordinary, and the amount of dollars lost to the players under individual contracts is also extraordinary. There will be two severe sets of losses. But that’s what happens in a labor dispute where there’s a shutdown.”
It would have been difficult to play games in November anyway, considering it takes about 30 days from an agreement until the first game. But the loss of an 82-game season is damaging to owners, team employees, players, TV partners, corporate partners and those who make a living on NBA games, such as arena workers and businesses near arenas.
ESPN, which was scheduled to televise 13 games in November, said in a statement: “We’re disappointed the start of the season has been further delayed. We remain hopeful this will get resolved soon.”
Talks disintegrated when NBA executives and locked-out players failed to make progress on the split of basketball-related income (BRI). They also stalled on negotiating the salary cap/luxury tax system and other system issues, which distributes money to players.