The owners should either open their books and show where their profits and losses are (so that the problems can be addressed), or renew the past CBA and get on with the game. I would hate to see the season canceled, but for the good of the game, I hope the players are ready to make a stand and not give in to these thoughtless owners who only care about their profit, not the game of basketball.

If the players simply agree to larger pay cuts, than they have already offered, nothing will be solved. The owners will carelessly spend their payroll savings and in a few years we will be in the same situation, with teams losing money and wanting the players to work for less. The owners need to work among themselves to come up with some self-restraint measures and prohibit the abuses of caps, paying too much for a franchise and agree to share the wealth of the haves with the have nots.