Labor talks between the NBA and the players' union broke off Wednesday, increasing the chance of a lockout starting in the offseason.
In a statement, the NBA accused the union of backtracking on several items that the sides had agreed upon. The collective bargaining agreement expires June 30.
"Since we are at a loss as to how we can possibly reach a new deal that is in any way consistent with the principal terms that we have been discussing for many months, there are no further meetings scheduled at this time," deputy commissioner Russ Granik said.
This is major bad news, because there aren't even any future talks scheduled. There's a real chance that this fall there won't be any hockey OR basketball because of labor disputes.
And Billy Hunter didn't make things better by playing the race card. This sucks.
A full year lockout didn't kill the NHL and that was a league on much shakier grounds than the NBA - for one thing the NBA has a much better TV deal. Also it's a lock-out not a strike, so the owners can end it anytime they want to.