(ABC News) — The Dallas Mavericks’ defense of their 2011 NBA Championship title will have to wait, indefinitely. NBA Commissioner David Stern canceled the first two weeks of the NBA season Monday after owners and players failed to reach agreement on a labor dispute despite 13 hours of negotiations over two days.
“We remain very, very far apart on virtually all issues,” Stern told reporters in New York Monday. “We just have a gulf that separates us.” “We are so far apart. We can’t close the gap,” Stern said, adding that it’s doubtful a full 82-game season can be played.
The players and owners of the NBA’s 30 teams are fighting over how to divide $4 billion in league revenues, and over the league’s system of rules that govern team payrolls and player salaries. Opening night was scheduled for Nov. 1 but will now not be played until Nov. 14, assuming the two sides can reach agreement by then. The cancellation includes 100 games in all.