Updated: November 16, 2011, 7:06 am ET

Players Miss First Paychecks of Lockout

By HOOPSWORLD
Basketball News & NBA Rumors

Tuesday was the day NBA players were to have received their first paychecks of the 2011-12 season. With no games being played and no collective bargaining agreement in place, that didn’t happen.

According to CNBC, the average NBA player lost $220,000 as a result of the stalemate with the owners.

Tuesday was also the 138th day of the NBA lockout and the day after the players’ union rejected the owners’ offer, and announced its intention to disband and file an antitrust lawsuit against the league.

via ESPN News Services

<Next Article
Last Article>

Your comments are important to us, so please share your thoughts. We will be rolling out prizes and giveaways for our active Commenters. Please keep the comments above board and respectful to everyone and you could win some great stuff from us at HOOPSWORLD.