NEW YORK (AP) — Sticking to his deadline, NBA Commissioner David Stern erased the first two weeks of the season after negotiations failed to produce a new labor deal and warned that more games were in jeopardy of being cut.
"With every day that goes by, I think we need to look at further reductions in what's left of the season," Stern said.
The cancellations mark the NBA's first work stoppage since the 1998-99 season was reduced to 50 games.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.