Players Reject NBA's Offer, Begin To Disband Union
NBA players rejected the league's latest offer Monday and began disbanding the union, likely jeopardizing the season.
Watch CBS News
NBA players rejected the league's latest offer Monday and began disbanding the union, likely jeopardizing the season.
The deal to sell the Sixers to a group led by New York-based leveraged buyout specialist Joshua Harris has been completed. Philadelphia native Adam Aron (photo) is the new CEO.
A person familiar with the deal says the sale of the Philadelphia 76ers has been approved by the NBA Board of Governors.
The NBA and its locked-out players are going to use the same federal mediator who tried to resolve the NFL's labor dispute months before it eventually ended.
NBA Commissioner David Stern canceled the first two weeks of the season Monday after owners and players were unable to reach a new labor deal and end the lockout.
The league announced Friday that all games from October 9th-15th are off and further decisions will be made as warranted.
Dr. Jack Ramsay will be the man presenting Magee at the ceremonies.
While many think the 2011-2012 NBA season is in serious jeopardy because of the current labor unrest, the league has released its schedule for the upcoming campaign.
The Philadelphia 76ers have been sold to New York-based leveraged buyout specialist Joshua Harris, ending Comcast-Spectacor's 15-year run of ownership that included a trip to the NBA finals.
Sixers' president Rod Thorn says the arrival of Allen and Vucevic helps fill the Sixers' most pressing need.
The Philadelphia 76ers have selected Nikola Vucevic with the 16th pick in the NBA draft.
The 76ers are reportedly involved in trade talks with the Los Angeles Lakers on a deal that would potentially send Andre Iguodala to L.A.
"I think any time a team gets new blood, new direction, and someone who's willing to put bucks in, yeah, it's great for the team," former president Pat Croce said.
To get ready for an 11-day, NBA-sponsored trip to China, two of the Philadelphia 76ers Dancers are learning how to sign autographs in Chinese and perform a traditional Chinese dance.
According to ESPN.com, the Philadelphia 76ers could be on the verge of being sold.