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David Stern Cancels First Two Weeks Of Season As NBA Lockout Rolls On

The NBA lockout has cost the league the first two weeks of the regular season, as commissioner David Stern followed through with his threat to cancel games as a deal couldn't be reached by the end of a seven-hour bargaining session on Monday.

Most teams will lose six to eight games. The NBA had been scheduled to tip off on November 1. Stern emphasized that these games had been cancelled, not postponed, meaning that for the second time in 13 years, the NBA will play a season shortened by an owner lockout.

Even worse, these cancellations will likely beget more cancellations, as the NBA and players' union has shown it can only negotiate when up against a deadline. The NBA lost 32 games in 1998-99, only cutting a deal with the union as Stern threatened to cancel the entire season in January 1999.

Stay tuned to for coverage of the aftermath.