NBA lockout is official
NBA Commissioner David Stern and National Basketball Players Assn. head Billy Hunter held a three-hour meeting Thursday in a last-ditch effort to avoid a lockout, but the session halted with the sides failing to reach a deal on a new collective-bargaining agreement for the 2011-12 season.
The lockout became official at 9:01 p.m. PT. All league business, including free agency, is on hold.
Union executive committee member and San Antonio Spur Matt Bonner told the Associated Press: "We tried to avoid the lockout; unfortunately we couldn't reach a deal."
"I've been waiting for a lockout for two, three years," Hunter told reporters. "Now it's here."
-- Houston Mitchell
Photo: NBA Commissioner David Stern answers questions during a news conference in New York on Thursday. Credit: Lucas Jackson / Reuters