Thursday, June 30, 2011

News Alert: With Talks Deadlocked, N.B.A. Heads for a Shutdown

Breaking News Alert
The New York Times
Thursday, June 30, 2011 -- 3:25 PM EDT
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With Talks Deadlocked, N.B.A. Heads for a Shutdown

About two weeks after celebrating an electric championship series and a revitalizing season, the N.B.A. is shutting down — perhaps for a very long time.

Negotiators for the owners and the players union made a final attempt to broker a new labor deal Thursday afternoon, but they separated without an agreement and without much hope of bridging a gap of several billion dollars.

Read More:
http://www.nytimes.com/2011/07/01/sports/basketball/with-talks-deadlocked-nba-heads-for-a-shutdown.html?emc=na

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