*The NBA will play a shortened season – if it plays at all – after negotiations to end the lockout again stalled over how to divide the league’s revenue.

Commissioner David Stern (pictured) canceled all November games on Friday, the 120th day of the lockout.

“It’s not practical, possible or prudent to have a full season now,” said Stern, who previously canceled the first two weeks of the season.

And he repeated his warnings that the offers players have rejected might now get even harsher as the league tries to make up the millions of dollars that will be lost.

“We’re going to have to recalculate how bad the damage is,” Stern said. “The next offer will reflect the extraordinary losses that are piling up now.”

Read/learn MORE at CBS News.

Watch as NBA Commissioner David Stern details the situation:

<a href='http://foxsports.com?vid=c4d8f8b6-e3dc-4d83-a866-c449ebbd7d2e&#038;mkt=en-us&#038;from=IV2_en-us_foxsports_videosearch&#038;src=FLPl:embed::uuids' target='_new' title='NBA cancels games through Nov. 30' >Video: NBA cancels games through Nov. 30</a>