BREAKING NEWS

NBA: League cancels first two weeks of regular season

By REUTERS

OCTOBER 11, 2011 08:28

The National Basketball Association (NBA) has canceled the first two weeks of the regular season after the league owners and players were unable to resolve a bitter labor dispute on Monday.

The decision, confirmed by NBA commissioner David Stern, was made after both parties failed to draw up a new collective bargaining agreement in a last-ditch meeting in New York.

The season was scheduled to start on Nov. 1 and the abandonment covers all games originally scheduled to be played through to Nov. 14.

"Despite extensive efforts, we have not been able to reach a new agreement with the players' union that allows all 30 teams to be able to compete for a championship while fairly compensating our players," NBA deputy commissioner Adam Silver said in a statement.

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