On Monday afternoon, every team's representative was in New York to discuss the next step with the lockout. The result?
The players rejected the owner's "final" offer and have informed the league that they will take further legal steps. Among the players in attendance on Monday were Kobe Bryant and Carmelo Anthony; the Bulls were represented by Carlos Boozer.
What does this mean to NBA basketball fans? Adopt a college program. You probably won't see an NBA game until the 2012-13 season.