With Talks Deadlocked, N.B.A. Heads for a Shutdown
About two weeks after celebrating an electric championship series and a
revitalizing season, the N.B.A. is shutting down — perhaps for a very long time.
Negotiators for the owners and the players union made a final attempt to broker
a new labor deal Thursday afternoon, but they separated without an agreement and
without much hope of bridging a gap of several billion dollars.
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http://www.nytimes.com/2011/07/01/sports/basketball/with-talks-deadlocked-nba-heads-for-a-shutdown.html?emc=na