Surrounded by NBA players, Derek Fisher speaks to the media. (Seth Wenig/AP)
Surrounded by NBA players, Derek Fisher speaks to the media. (Seth Wenig/AP)

The NBA players' union rejected the owners' latest offer today and decided to disband, making a lost professional basketball season look more likely, the Washington Post reports:

From the Washington Post:

"We're prepared to file this antitrust action against the NBA," union executive director Billy Hunter said. "That's the best situation where players can get their due process."

Players will not accept an offer that they regarded as an ultimatum from Commissioner David Stern, with Hunter calling it "extremely unfair."

In an ESPN interview, Stern promised "guaranteed years of litigation" and said, "we're about to go into the nuclear winter of the NBA."

"Billy Hunter has decided to put the season in jeopardy and deprive his players of an enormous payday," Stern said on ESPN 


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Stern had urged players to accept the current proposal that calls for a 50-50 division of basketball-related income and proposed a 72-game season beginning Dec. 15.

"We were very close," Stern said, "and they decided to blow it up."

Read more at the Washington Post.

In other news: Anita Hill on Herman Cain Allegations.

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