(Reuters) - The National Basketball (NBA) canceled another two weeks of the season on Friday and conceded it was now too late to save the entire 82-game season even if owners and players reached an agreement to end to their bitter labor dispute.
After a third straight day of talks between the feuding parties ended in New York without an agreement, NBA Commissioner David Stern, who had already scrapped the pre-season and the first two weeks of the regular season, announced that more games had been lost to the dispute.
"Our games are canceled through the end of the month of November," he told a news conference.
"It's not practical, possible or prudent to have a full season now.
"We held out that joint hope together but, in light of the breakdown of talks, there will not be a full NBA season under any circumstances."