Well, after the talks broke down, the NBA has canceled the preseason and the first two weeks of the regular season could be as well.
This is what NBA.com had to say:
Commissioner David Stern floated it as an idea more than a firm proposal: a 50-50 revenue split.
Even so, the union's reply was unequivocal.
"They said, 'We can't do it."' according to Stern.
And with that, the remainder of the preseason was lost and the first two weeks of the regular season moved to the brink of cancellation.
The NBA shelved the rest of its exhibition schedule Tuesday and will wipe out the first two weeks of the regular season if there is no labor agreement by Monday.
You can read the rest of the article here: NBA talks break down over money, games in jeopardy