NBA Lockout: 2011 Preseason Canceled

by NowPublic Staff | October 4, 2011 at 03:04 pm

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NBA Labor Talks Stalled Due to BRI, Rest of 2011 Preseason Canceled

The rest of the 2011 NBA preseason has been canceled, as players and owners have been unable to come to an agreement over contract renewals. No new negotiations have been schedules, but both sides will have to move quickly: if no deal is reached by Monday, then the first two weeks of regular-season play will also be canceled.

Adrian Wojnarowski from Yahoo! Sports has been keeping us up to speed, saying that BRI (basketball-related income) is the major sticking point in the negotiations, one with which the league's biggest stars stand to lose the most.

The big issue remains the split of “basketball related income” (BRI), which is basically all the money that comes into the league through tickets, television and other sources (like a percentage of arena sponsorship).