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NBA lockout begins as sides fail to reach new deal

NEW YORK - The memories of an exciting NBA season could have lasted for a while.

We do not know where basketball will be back.

The NBA locked out its players on Friday morning when a collective agreement has expired, becoming the second major sport Pro closed by a labor dispute.

Players and owners remain far apart on the major question about all of the wage salary cap, revenue sharing income.

"We had a very good year in terms of the appreciation of our fans for our sport. It was not a profitable investment for homeowners, and it was not one that many small market teams particularly enjoyed or felt included in, "Commissioner David Stern said." The goal here was to League profitable and have a league where 30 teams can compete. "

It is considered only the second time the two leagues were arrested simultaneously by labor problems.

In 1994, both the NHL and MLB have slowed from October to the end of the year. The NHL locked out its players in October 1994 until mid-January 1995 and reduced the 1994-95 season, from 84-48 games. MLB endured a strike of 232 days to August 12, 1994 April 2, 1995, which led to the cancellation of the entire 1994 series and World Series.

The long-awaited NBA lockout season of 2011-12 and endangers all cases pending league - starting with the free agency period that would have opened Friday.

NBA Summer League in Las Vegas has been canceled and teams have the right to have any contact with their players.

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