First two weeks of NBA season cancelled

First two weeks of NBA season cancelled
© PA Photos
The first two weeks of the NBA season are cancelled over a disagreement on a new pay deal.

The first two weeks of the 2011-12 NBA season have been cancelled as players and owners failed to come to an agreement on a new pay deal.

The long-running dispute involves the share of revenue given to players and the structure of the salary cap.

"Despite extensive efforts, we have not been able to reach a new agreement with the players' union that allows all 30 teams to be able to compete for a championship while fairly compensating our players," said NBA deputy commissioner Adam Silver in a statement.

Owners and the players' union met on Monday for talks but an agreement could not be reached.

No further talks are currently scheduled.

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