NBA Lockout Continues, Former Nebraska Cornhusker Forms Community Basketball League

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Many experts believe the entire 2011-12 NBA season might be in serious jeopardy.

The official word from the NBA: 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.

“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 NBA Deputy Commissioner Adam Silver in an NBA press release. “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.”

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