Lockout begins as sides fail to reach deal

NBA owners and players remain far apart on new CBA; season could be shortened or lost

NEW YORK - The NBA locked out its players on Friday when its collective bargaining agreement (CBA)expired, becoming the second pro sports league shut down by labor strife

The labor deal ended at midnight after players and owners failed to reach a new contract. The two sides remained far apart on just about every major issue, from salaries to the salary cap, revenues to revenue sharing.