First Two Weeks of 2011 NBA Season Canceled

After roughly 13 hours of negotiations over two days failed to close what he termed a significant gulf "on virtually all issues," NBA commissioner David Stern canceled the first two weeks of the 2011-12 regular season Monday night.

Oh, nobody asked u? Not even Roger Mason, whose infamous "how u" tweet isn't so funny anymore and whose National Basketball Players' Association colleagues learned the hard way on Monday night that -- as I've been writing for months -- owners weren't about to back down? Not even commissioner David Stern, who has failed so spectacularly in a labor fight that just got a whole lot more serious?

The cancellation came after a seven-hour meeting at a Manhattan hotel on Monday. There are no further meetings scheduled and no timetable for when more games could be axed. Mr. Stern said that any financial losses incurred in the stretch will be factored in as negotiations move forward. The league has said it stands to lose hundreds of millions of dollars.