Posted by Sabrina B. @gametimegirl

Despite meeting with players for seven hours Monday, the NBA has cancelled the first two weeks of the regular season.

Commissioner David Stern made the announcement after meeting with the players’ association in a last-ditch attempt to end the lockout and begin the 2011 season on time.

Negotiators for both sides met for five hours Sunday before breaking for the night and agreeing to extend talks on Monday.

Stern and deputy commissioner Adam Silver took part in Monday’s talks, along with senior vice president and deputy general counsel Dan Rube, San Antonio Spurs owner Peter Holt, Minnesota Timberwolves owner Glen Taylor and New York Knicks owner James Dolan.

They met with union president Derek Fisher of the Los Angeles Lakers. , union vice president Maurice Evans of the Wizards, union executive director Billy Hunter and attorneys Jeffrey Kessler and Ron Klempner.

ESPN