Stern Cancels Two Weeks of the NBA Season October 11, 2011 14:27

NBA Commissioner, David Stern, yesterday cancelled the first two weeks of the NBA season, after the Players Union and the NBA failed to negotiate on a new labor deal.

The announcement was made after seven unsuccessful hours of negotiating, which were a last ditched attempt to start the season on time.

With the first two weeks of the season now cancelled, the league will lose exactly 100 games from its schedule.

The season was due to begin on Nov.1, but now, not until at least Nov.14 providing a deal will be made in the coming weeks.

This cancellation marks the first time games have been lost in the NBA since the 1998-99 season was trimmed down to only 50 games.

With both sides failing to negotiate over the salary cap system, Stern said that the sides are "very far apart on virtually all issues" adding that, "With every day that goes by, I think we need to look at further reductions in what's left of the season."

“We certainly hoped it would never come to this,” he said. “I think that both sides worked hard to get to a better solution. We think that we made very fair proposals. I’m sure the players think the same thing. But the gap is so significant that we just can’t bridge it at this time.”

The Players Union president, Derick Fisher, agreed with Stern's comments about wishing that games didn't have to be cancelled, putting the entire NBA season in jeopardy. Fisher highlighted the fact that this was a lockout made by the NBA and the owners, and not a strike by the Players Union to not be playing basketball.

“This is not where we choose to be,” he said. “We’re not at a place where a fair deal can be reached with the NBA.”

It has been estimated that NBA teams will lose around $83 million in lost ticket sales from the 100 cancelled games.

No additional formal talks have been scheduled.