Commissioner David Stern announced late Monday night that the first two weeks of the NBA's regular season have been cancelled. Stern met for seven hours with members of the player's association, but they couldn't come to a new labor agreement.
NBA cancels remainder of exhibition schedule
The remainder of the NBA exhibition schedule has been canceled and the first two weeks of the regular season will be cancelled if owners and players can’t agree to a new labor deal by Monday. NBA owners and players met for four hours Tuesday but failed to come any closer to a deal.