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Owners intent on spending limits

Updated: October 21, 2011, 11:18 PM ET
Associated Press

NEW YORK -- NBA owners have their priorities, and playing games isn't first on that list.

Instead, the league is looking beyond this month -- and maybe beyond this season, if that's what it takes -- to implement an extreme financial makeover after years of sizeable losses. The goal, in the words of Spurs owner Peter Holt, is "an opportunity to make a few bucks."

Owners are determined to reshape the league by creating a system like the NFL or NHL, where spending is capped and small-market ...

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