26 November, 2011

CNN Breaking News

NBA players and owners have reached a "tentative understanding" to end the lockout, NBA Commissioner David Stern announced early Saturday.

Stern says he hopes to have the NBA season start on December 25. The NBA had already canceled games through December 15.

The current lockout has lasted 149 days. A previous lockout in the NBA lasted 204 days from July 1998 to January 1999 before a new collective bargaining agreement was reached by both sides. That agreement expired in June, sparking the latest developments.

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