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2011 nba lockout

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Video: NBA Lockout Continues With David Stern Announcing Cancellation Of NBA Preseason

As Ken Berger of CBS Sports reports, although the NBA owners and players are closer than they have been to a deal, they're still $80 million per year apart and the official cancellation of 2011-12 regular season games is looming.

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NBA's Cancellation Of Preseason Schedule Comes With 'Collateral Damage' For Arena Workers, Neutral Sites

Unless you have the gift of limitless optimism, this was probably expected: the NBA canceled 43 preseason games today and more bad news could be on the horizon.

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