The Timberwolves were supposed to begin regular season play November 1st. Now the best they'll be able to do is start December 1st because Friday's NBA lockout talks between the owners and players broke down without a deal, thus wiping two more weeks of games off the schedule.

Timberwolves' No. 1 draft pick Derrick Williams says he will look into playing overseas if the NBA lockout isn't resolved "within the next week or so." NBA Commissioner David Stern announced Monday night that the first two weeks of the season have been cancelled.

While a bit bloody for our tastes, this video from Taiwanese animators does a pretty good job explaining the NBA lockout.

Timberwolves owner Glen Taylor has joined the NBA lockout talks in New York. Yesterday’s session went a marathon 15 hours, but both sides reportedly made a bit of progress. Union leaders say an 82-game schedule can be played this year -- if the lockout ends this weekend.

NBA Commissioner David Stern has given players an ultimatium. They have until Wednesday to accept a chance to earn up to 51 percent of basketball-related income, or get ready for a deal that's a lot worse. While the union president says players won't be intimidated, Stern is ready to cancel more games if the labor issue isn't settled.

The NBA lockout has already lasted longer than anyone wanted it to, but Timberwolves' forward Anthony Tolliver is prepared for it to continue on even longer. Tolliver says players still need to keep themselves ready for when the season does begin.

Don’t hold your breath, but NBA owners and players say they’ll resume their talks Saturday in an effort to end the lockout. The Timberwolves were supposed to start play last night against Atlanta at Target Center, but the labor war wiped out the November 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.