Originally Posted by onewickedlady
So, is there a specific date by which, if there's no new contract, the 2011-2012 season will be officially cancelled?
Pretty sure there isn't.
Here's some key dates from the 1998/1999 lockout:
By September 25, 24 exhibition games were canceled and training camps were postponed indefinitely as a result of stalled talks. Further negotiating sessions took place in October and November, but no agreement was reached. The season's first two weeks were officially canceled on October 13, and 99 games scheduled for November were lost as a result. It was the first time in NBA history that games were canceled due to a labor dispute. On October 20, arbitrator John Feerick ruled that the owners did not have to pay players with guaranteed contracts during the lockout. Feerick's decision gave the owners leverage in bargaining talks. Another factor favoring the owners was that their teams received money from the NBA's television broadcasters, whose contracts with the league called for payments to be made if games were not played.
Further games were canceled as the lockout continued through November and December, including the 1999 All-Star Game, which had been scheduled to be played on February 14, 1999 at the First Union Center in Philadelphia.
On December 23, Stern announced that he would recommend canceling the season if there was no deal by January 7, 1999.
In 1998 Stern set a deadline of January 7th. The decision seems to be at his whim...so that may or may not be his deadline this time around.