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NBA Lockout Looming!

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NBA lockout

First it was the NFL, now it's the NBA!

We're not sure exactly what's going on, but we do know that 2011 may be gearing up to be a terrible year for sports fans.

With the 2010-2011 season over and the Dallas Mavericks crowned champs, owners and players of the NBA have now entered discussions over revenue sharing.

Much like the NFL lockout, the owners of NBA franchises have decided to drop players collective NBA income from 57% to 50% of the pot. Naturally, the players aren't taking this lying down.

On top of the players revenue pool shrinking, owners are suggesting placing a hard cap on player's salaries so teams with more money can't use it to solve all of their problems.

The player's union is arguing, however, that this will limit player movements — such as LeBron James recent move to the Miami Heat — which they credit for generating wider-spread interest in the league.

The players also fear the creation of fewer deeply talented or "championship" teams with a hard cap preventing growing franchises from acquiring the best players.

Owners maintain that too many franchises are losing money and the entire league will eventually fail unless players accept these salary cuts.

With the NBA's collective bargaining agreement expiring on Friday and both sides making only small compromises, it looks like a lockout is likely.

Let's hope that both sides in this dispute can come to terms by the fall otherwise the real losers are the fans!

[Image via AP Images.]

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