NBA commissioner David Stern says he is not scared of an NBA lockout. Posted by Ben Golliver.
Following a bargaining session in New York City on Thursday, NBA owners informed the players that there would be a league-wide lockout, effective at midnight.
After that announcement, NBA commissioner David Stern and his deputy, Adam Silver, addressed reporters in a televised press conference.
Stern was asked what scares him about an upcoming lockout, which could result in a work stoppage and missed games if the two sides are not able to reach a compromise and create a new collective bargaining agreement.
Stern said, "I'm not scared, I'm resigned to the potential damage that it can cause to our league. As I said earlier, all of the people who earn a living from our league, as we get deeper into it, these things have a capacity to take on a life of their own. You never can predict what will happen."
During the 2010-2011 NBA season, the league enjoyed record television ratings and website traffic. A lockout, some fear, could damage that progress made and turn fans off.
Here's video of NBA commissioner David Stern saying that he is not scared.