President Obama speaks on NBA lockout, talks to resume on Wednesday, reports say (Video)

By on Oct 27, 2011 in Basketball, International, Politics, Television, United States Comments

Updated: November 6, 2011 5:50 p.m.

Read NBA lockout 2011 talks end with no finished deal, deadline instead

US President Barack Obama talked about the present problem of the National Basketball Association (NBA), as shown in the video below, with talks reportedly to resume on Wednesday, October 26 (US time).

US President Barack Obama talks with
Jay Leno on NBC’s ‘The Tonight Show’

Image Credit: Chuck Kennedy/White House

As noted by the White House, President Obama joined Jay Leno on NBC’s ‘The Tonight Show’ on Tuesday night and talked about various topics including the ongoing NBA lockout.

Among the topics Mr. Obama discussed about include foreign policy, economics, politics, Occupy Wall Street movement, and the later, his advice to NBA, in which some games were canceled earlier.

“If you look at the NFL, they were able to settle theirs. I think they understood players were making millions of dollars, owners; some of us are worth billions of dollars.” President Obama said, citing the current NBA lockout as “heartbreaking”.

“We should be able to figure out how to split a $9 billion pie so that our fans, who are allowing us to make all this money, can actually have a good season. I think the owners and basketball players need to think the same way.” The president added, noting that NBA is successful because a lot of people love basketball.

“They need to remind themselves that the reason they are so successful is because a whole bunch of folks out there love basketball. Basketball has actually done well. But these kinds of lockouts, a lot of times, take a long time to recover from.” Mr. Obama explained further.

Meanwhile, the NY Daily News said earlier that NBA may announce on Tuesday that more games will be canceled since team owners and players union have not yet agreed on their labor issues.

The announcement did not pursue, but the paper said both sides will return to the bargaining table on Wednesday, October 26 (US time) in a hotel in Manhattan, with the public hoping that the problem will finally be settled.

Apparently, the two parties were noted to be $1-billion apart on a 10-year deal, with NBA players demanding 52.5% of the pie and team owners continue to stick with their 50-50 proposal.

So far, the first two weeks (November 1 to 14) of the 2011-12 Season and its pre-season games were affected by the NBA lockout, and around 100 games have been canceled.

US President Barack Obama, talking with Jay Leno on NBC’s The Tonight Show
Video credit: WorldProtest/YouTube/NBC

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