TOP PLAYER: LA Lakers star Kobe Bryant
THE NBA season will not start until next month at the earliest. Negotiations between players and team owners had already cancelled the first two weeks of the season.
The a high profile wrangle has no end in sight and the NBA's commissioner said cancelling at least part of the season was not a retaliatory response to the players. It's not practical, possible or prudent to have a full season now," Stern said.
Several issues remain unresolved between the two sides, but team owners are insistent on a 50-50 split revenue share, while players have formally proposed they get 52.5%.
In the previous collective bargaining agreement that expired in June, top players such as Kobe Bryant of the LA Lakers and Luol Deng of the Chicago Bulls were guaranteed 57%.
"We made a lot of concessions, but unfortunately at this time it's not enough, and we're not prepared or unable at this time to move any further," Billy Hunter, executive director of the players' association said.