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@WojYahooNBA:

Players reject deal, and will file anti-trust action against the NBA.

This is Stern’s worst nightmare. Owners could’ve mildly relented on few system issues, and ended this weeks ago. Now, all hell breaks loose.

The lawyers will file suit within next two days. No need to wait on decertification. Union is disbanded immediately.

The chances of losing the entire 2011-12 season has suddenly become the likelyhood.

The players hired David Boies, a top anti-trust attorney. He handled NFL claim, and several top cases.