NBA Lockout: 2011 NBA Preseason Canceled, Season Ticket Holders Rejoice

FancloudContributor IIIOctober 5, 2011

NEW YORK, NY - JUNE 30:  Commissioner of the NBA, David Stern announces that a lockout will go ahead as NBA labor negotiations break down at Omni Hotel on June 30, 2011 in New York City. The NBA has locked out the players after they were unable to reach a new collective bargaining agreement (CBA). The current CBA is due to expire tonight at midnight.    (Photo by Neilson Barnard/Getty Images)
Neilson Barnard/Getty Images

When David Stern announced he was forced to cancel the 2011 NBA Preseason, season ticket holders and ticket brokers rejoiced.

Anyone who owns season tickets for any NBA team are now officially off the hook, no longer forced to purchase full-priced preseason games. For ticket brokers, this means huge savings.

Preseason games generally sell for ten cents on the dollar. Ticket resellers in the United States will save millions of dollars in preseason losses and season ticket holders will get full refunds for tickets they wouldn't have been able to give away.

Can the owners and players reach a deal in time to save regular season games?

With this much money on the line, it would be shocking if the season were to fall to the wayside. That being said, many experts made the same predictions about a Mayweather-Pacquiao fight. That fight never happened; hundreds of millions of dollars were left on the table.

At Fancloud, we are praying for the return of NBA action. Our NBA events are going to be some of the most exciting and dynamic experiences that our site will have to offer. Whether you are watching the game at home, in attendance at the arena or on the go, Fancloud will become your centralized portal.

Fancloud.com has been created for fans, by fans. Unlike NBA owners and players, we are eager to share our services with the rest of the world.