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Video: NBA 2011-2012 Season Over? Not Yet.

NBA players rejected the league’s latest offer Monday and began disbanding the union, likely jeopardizing the season.

“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.”

And that’s a tragedy as far as NBA Commissioner David Stern is concerned.

“It looks like the 2011-12 season is really in jeopardy,” Stern said in an interview aired on ESPN. “It’s just a big charade. To do it now, the union is ratcheting up I guess to see if they can scare the NBA owners or something. That’s not happening.”

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