NBA Lockout 2011
The National Basketball Association (NBA) locked out NBA Players on July 2011. According to the U.S. Professional Sports Market & Franchise Value Report (12), this situation occurred when the owners and players were not able to create a new collective agreement (CBA) before the expiration of the old CBA (Sheridan). This fourth lockout in the history of the National Basketball Association was 161 days long. It started from July 1st 2011 and ended on December 8th 2011.
The reason behind this lockout was unsuccessful negotiations between the owners and players due to which they could not reach to an agreement. The owners claimed that their teams were losing, as a large part of the revenue, which they were, required paying as the salary to the players (Zegers). The problem was that the owners did not have enough proofs and evidence through which they could prove that they were losing money. They failed to convince the players and the decision delayed because the players refused to accept the new agreement.
As a result, the players locked out and the case was taken in to the court, calling it illegal boycott. However, after a battle of six months, finally both parties succeeded in making a tentative agreement on 26 November 2011 (Johnson). The training camps and other activities also started the next day from 8 December, after the final approval of the deal.
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