NBA Owners to Lockout Players at Midnight June 30 Visit Bet365 Save For Later Posted by Bettingpro Staff 30 Jun 2011 Tweet David Stern. (credit: Wikipedia.org) Related Articles See all NBA news Share it Pin It Talks have broken off and with hardly any time left before the current collective bargaining agreement expires, the 2011 NBA season appears jeopardized.A work stoppage in the National Basketball Association appears immiment as NBA.com reported on Thursday afternoon that communication between the two sides, the players and the owners, has stopped:"Talks on a new collective bargaining agreement between the NBA and its players broke off on Thursday afternoon...players...told reporters that the owners said that they will lock out the players when the current agreement expires at midnight (on June 30th). The lockout would effectively shutter the league and could end up jeopardizing parts or all of the 2011-12 season."The NBA has not seen a work stoppage since the 1998/99 season when the schedule was reduced to fifty games.A pending lockout would threaten to curb the momentum that the NBA currently enjoys: "This expected lockout comes as the league completes one of its most successful seasons ever, with attendance, broadcast ratings and revenue up virtually across the board."The NHL was the last major league level sports league in North America to lockout as the entire 2004/05 NHL season was canceled. Besides the NBA locking out in 1998/99 Major League Baseball also canceled a portion of its regular season in 1994, with no World Series played that year.The fan blow-back could be immense but in a zero-sum world there will be beneficiaries of an NBA lockout. College basketball might increase in demand along with NHL hockey as they both run schedules that overlay with the NBA season.But however far apart the two sides appear to be right now there is always a chance that they will come together in time to restore the season.The NFL is currently locked-out but there is more optimism regarding that situation resolving. Aaron Rodgers, quarterback of the Super Bowl winning Green Bay Packers stated recently: "Everybody has a sense it will end soon. It's just matter of how soon is soon." Read our Bet365 review Get your £200 free bet at bet365 now Like Like Post to wall 252 Reads All Basketball News Recent Basketball Articles Thunder struggle without Harden27 Apr 2012Ty Lawson had 25 points to lead seven Nuggets in double figures as Denver won 106-101 in Oklahoma C NBA betting preview and tips – Tuesday 14 February14 Feb 2012The NBA continues on Tuesday night, with the New York Knicks taking on the Toronto Raptors NBA betting tips - Tuesday January 24th24 Jan 2012The Charlotte Bobcats, Indiana Pacers and Portland Trailblazers all look like being winners on anot Dallas Mavericks at Los Angeles Clippers Preview18 Jan 2012The Dallas Mavericks complete their road series against the Los Angeles teams when they take on the Denver Nuggets v Milwaukee Bucks betting tips17 Jan 2012Milwaukee Bucks can continue their good home form when they host Denver Nuggets this evening. Charlotte Bobcats v Orlando Magic betting tips17 Jan 2012Orlando Magic can run up a huge win against the struggling Charlotte Bobcats this evening More Stories Recent Articles Euro 2012 Betting Preview – Holland can shine at Euro 201222 May 2012Beaten World Cup finalists Holland have high hopes heading into this summer’s Euro 2012 tournament Didier Drogba exit start of busy summer for Chelsea22 May 2012Champions League hero Didier Drogba has confirmed he will be leaving Chelsea this summer, and the n Jubilee weekend set to be a scorcher22 May 2012The odds of temperature records being broken across the Jubilee weekend have been slashed by Ladbro Al Ittihad v Persepolis - AFC Champions League live stream22 May 2012Iran Pro League side Persepolis FC travel to Saudia Arabia to take on Al Ittihad in the l FC Nordsjaelland v AC Horsens live stream preview22 May 2012FC Nordsjaelland play host to AC Horsens on Wednesday evening knowing victory will secure the Danis Next Liverpool FC manager odds - Louis van Gaal gamble gathering pace22 May 2012Louis van Gaal has emerged as a leading contender to be Liverpool’s next manager after a serious ga More Stories Tags Aaron Rodgers, Green Bay, Green Bay Packers, NBA 2011, NBA Basketball, NBA Basketball 2011, NBA Lockout