What does Lockout mean for the NBA
First of all, the possibilities of a delay in the starting of the league are very high. Mainly because the two sides, the players and the presidents of the teams, are very far from reaching an agreement. The lockout of 1998 made the league begin at January 7 with 50 games for each team instead of 82 which is the normal.
Furthermore a Lockout might make the funs a bit dissatisfied and make them not willing to go at the stadiums and watch their team. This has happened many times in past lockouts. After these lockouts the NBA fan base took 5 years to become like it was and now that the league attracts more people than ever a lockout for long would be destructive.
Also the main reason for this lockout is the disagreement of the players with the decision of the presidents to reduce their salaries from the 57% of the revenue of each team to 50%. Even if the players agree to this, the revenue from the tickets will be reduced. That means they have done nothing. The revenue of each team will be the same as it was and most teams will continue to have financial problems.