Click here to Skip to main content
LATEST HEADLINES - NBA NEWS

NBA commences lockout of its players

By Official release
Posted Jun 30 2011 7:14PM

NEW YORK -- The National Basketball Association announced that it will commence a lockout of its players, effective at 12:01 am ET on July 1, until a new collective bargaining agreement is reached with the National Basketball Players Association.

"The expiring collective bargaining agreement created a broken system that produced huge financial losses for our teams," said NBA Deputy Commissioner Adam Silver. "We need a sustainable business model that allows all 30 teams to be able to compete for a championship, fairly compensates our players, and provides teams, if well-managed, with an opportunity to be profitable."

"We have made several proposals to the union, including a deal targeting $2 billion annually as the players' share -- an average of approximately $5 million per player that could increase along with league revenue growth," said Silver. "Elements of our proposal would also better align players' pay with performance."

"We will continue to make every effort to reach a new agreement that is fair and in the best interests of our teams, our players, our fans, and our game."

During the lockout, players will not receive their salaries; teams will not negotiate, sign or trade player contracts; players will not be able to use team facilities for any purpose; and teams will not conduct or facilitate any summer camps, exhibitions, practices, workouts, coaching sessions, or team meetings.

SEARCH NEWS
LATEST VIDEOS
photoNBA Rooks: Kristaps Porzingis Solid Summer Start
After being selected 4th overall by the Knicks in the 2015 Draft, Kristaps Porzingis got off to a solid start in the Las Vegas Summer League.
photoMike Conley Visits the Great Wall of China
Take a look as Mike Conley of the Memphis Grizzlies takes a tour of the Great Wall of China.
photoNBA Africa Game 2015 Recap
A look at the NBA's first ever game in Africa as Team World defeated Team Africa 101-97 at Ellis Park Arena in Johannesburg, South Africa.
photoGrizzlies Top 10 Plays
Check out the top 10 plays from the 2014-15 season.
photoRockets Top 10 Plays
Check out the top 10 plays from the Houston Rockets' 2014-15 season.

Copyright © NBA Media Ventures, LLC. All rights reserved. No portion of NBA.com may be duplicated, redistributed or manipulated in any form. By accessing any information beyond this page, you agree to abide by the Privacy Policy / Your California Privacy Rights and Terms of Use. | Ad Choices Ad Choices

NBA.com is part of Turner Sports Digital, part of the Turner Sports & Entertainment Digital Network.