NBA Cancels First 2 Weeks of Season
The National Basketball Association has scuttled the first two weeks of the regular season as part of its dispute with the players union, and the impact on television programming and the league finances is huge.As Reuters reports, TNT, ESPN and ABC collectively shell out about $930 million to broadcast NBA games, while earning some $1.25 billion ad revenue — and that doesn't even include regional sports-cable channels.
Tue, Oct 11, 2011