NBA cancels all games through November

USA TODAY: … “It’s not practical, possible or prudent to have a full season now,” said [Commissioner David] 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.” … (more)

EDITOR:   Sounds more like hardball than basketball! 

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