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Posted: 5:53 a.m. Monday, Oct. 31, 2011

NBA Lockout Continues 

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Negotiations between NBA players and owners broke down again last week . . . and on Friday, Commissioner  David Stern  announced that the lockout will continue through the entire month of November.

He said, he held out that joint hope together, but in light of the breakdown of talks, there will not be a full NBA season under any circumstances. It's not practical, possible or prudent to have a full season now."

The sticking point remains how to split the league's revenues. Owners are demanding a 50-50 split . . . while the players union wants no less than 52%. Players were guaranteed 57% under the previous collective bargaining agreement.

No further talks are scheduled at this point.

 
 
 

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