This is not the information you want to hear about one of your favorite sports leagues.
NEW YORK -- Insisting that the NBA's financial projections "don't hold water," players' association executive director Billy Hunter says he's seen nothing to change his belief that a lockout is possible.
Hunter disputes commissioner David Stern's forecast of nearly $400 million in losses this season, countering that the league's basketball-related revenues increased to their highest point ever in 2009-10.
The league's collective bargaining agreement expires next summer, and the sides remain far apart on talks for a new one, creating fears of the first work stoppage since 1998-99.
I remember 1998-99 and it sucked. SUCKED, not to have basketball. This is not good news.
Wednesday, July 14, 2010
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