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Saturday
Nov262011

NBA and Players Reach Deal to End Lockout

Patrick McDermott/Getty Images(LOS ANGELES) -- Marathon talks between the NBA and the locked-out players ended after 15 hours of haggling on Friday and Saturday.

The deal could mean that pro-basketball will be back by Christmas.

NBA Commissioner David Stern said the team owners and the players reached a "tentative understanding" that is subject to approval by players and owners.

"It was in both of our interests to try and reach a resolution, one to save the game and to provide the kind of superb entertainment that the NBA historically has provided," Union Executive Billy Hunter said.

Copyright 2011 ABC News Radio

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