I would say the league is viable as long as you have owners who want to continue funding losses. But it's not on the long term a sustainable business model that we're happy to be supporting. It needs to be reset.

With every day that goes by, there will be further reductions on what's left of the season.

Free speech is against governments, not against the NBA. So the players and coaches and indeed owners have been fined for their speech, which is costly rather than free. I sort of acknowledge that there is not free speech when you agree to work in the NBA.

Since the NBA purchased the New Orleans Hornets, final responsibility for significant management decisions lies with the Commissioner’s Office in consultation with team chairman Jac Sperling. All decisions are made on the basis of what is in the best interests of the Hornets. In the case of the trade proposal that was made to the Hornets for Chris Paul, we decided, free from the influence of other NBA owners, that the team was better served with Chris in a Hornets uniform than by the outcome of the terms of that trade.

We have a broad array of teams. And if somebody asked me whether a team is a good buy, my response is, Youd better hurry up, theyre going like hot cakes, and theyre going to be even more valuable when we get a system that is even more sustainable.

Follow your dreams and make the most of every experience.

I'm working hard to see whether there can be basketball next year.