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NBA Cancels Preseason

The NBA has canceled the preseason and says the first two weeks of the regular season are in jeopardy:

Stern and Silver said owners offered players a 50-50 split of basketball-related income, far below the 57 players were guaranteed under the previous collective bargaining agreement but more than the 47 percent union officials said was proposed to them.

Whatever. The only numbers that matter now are the millions that could be lost when arenas are dark.

“The damage will be enormous,” Silver said.

Players had offered to reduce their BRI guarantee to 53 percent, which they said would have given owners back more than $1 billion over six years. But they aren’t going any further, at least for now.

(Andrew Melnick is Howard the Dunk’s lead blogger, ESPN 1080’s Magic Insider (http://espn1080.com) and is the co-host of the ESPN1080.com Insiders Show Sunday mornings at 10:00 am EST. Subscribe to his RSS feed, add him on Facebook and follow him on Twitter to follow him daily. You can download the HTD app here).

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Tags: Billy Hunter David Stern Derek Fisher Dwight Howard Orlando Magic

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