• NBA headed for lockout: As talks between league officials and the player’s union on a new collective bargaining agreement have fallen apart, it’s clear that the NBA will suffer a work stoppage. It’s been thirteen years since this last happened, when the 1998-1999 season was cut 32 games short. The impasse is mainly about salary versus revenue; the NBA claims 22 of its 30 franchises are losing money, and they want lower player salaries (likely a lower cap) to compensate — obviously, the players feel otherwise. Said union head Billy Hunter: “I’ve been waiting for a lockout for two, three years. Now it’s here. Our guys are anxious to get a deal.” source

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