The National Basketball Association announced Friday that all games through November 30 are cancelled as team owners and players continue to battle over a new collective bargaining agreement. The talks remained stalled after team owners rejected calls by the players' union for an average $7 million player salary in the sixth year of a new labor deal. The NBA, however, remains "committed" to reaching a deal, the deputy NBA commissioner says.

Carol Costello speaks with Sports Illustrated senior writer Jon Wertheim to discuss if a deal is still possible – or if the entire season is on the brink of being cancelled.