Today is the day for the owners and the players of the National Basketball Association to either come to terms on a new collective bargaining agreement or they will begin to cancel regular season games this season.
With the first games of the season set to be played on November 1st, commissioner David Stern said that if a deal is not reached by the end of today, then the first two weeks of games will be canceled for the 2011-2012 season.
The main problems separating the owners and players are how the revenues will be divided and how the salary cap system would be run. There are numerous other matters that the two sides have not even begun to talk about, much less resolve.
The lockout initially began on July 1st.
The two sides have been meeting ever since, including this weekend. So far there have been no positive results. Instead there has been disappointment felt by Derek Fisher and a minor altercation between Stern and Dwyane Wade.
By the end of today, hopefully there is a new NBA collective bargaining agreement, but chances are, fans are going to be left disappointed.