Sometime in the next 48 hours, the NBA is expected to cancel an additional two weeks of the 2011-12 regular-season schedule.
It’s been nearly a week since the league’s most recent bargaining session with the NBA Players Association. The NBA, which has locked out its players since July 1, is expected to make formal what most considered inevitable: canceling about 102 games from Nov. 14 to Nov. 28.
Two weeks ago, the NBA canceled the first two weeks of the season, about 100 games from Nov. 1 to Nov. 14. Sometime this week, the NBA will cancel the first four weeks of the regular season, costing itself approximately $400 million in revenue.
As of Tuesday night, the two sides had no plans to continue negotiating — meaning further cancellations are now only a matter of time.
Since the lockout’s commencement on July 1, the NBA and the players union have been hot and cold in their attempts to negotiate the next collective bargaining agreement. The most recent sessions, which included a federal mediator and covered approximately 30 hours over three days, ended in frustration and finger pointing.
The union said owners issued a precondition for further meetings: accept a 50-50 split in revenue before walking through the door.
“I will call them to see if they want to get back together,” Hunter told ESPN on Monday. “But if they still say they’ll only meet if I accept their 50-50 (proposal), to me that’s a nonstarter.”