National Basketball Association team owners authorized a lockout of the league’s 450 players if a new labor accord isn’t in place when the existing collective bargaining agreement expires tomorrow.
The 30 owners made the decision during almost five hours of meetings at a Dallas hotel yesterday, NBA Deputy Commissioner Adam Silver told reporters.
The owners’ 11-member labor-relations committee can enact the lockout when the labor accord with the National Basketball Players Association ends tomorrow night.
Full story: NBA Owners Authorize Lockout of Players in Absence of New Labor Agreement | Bloomberg