President of the NBA Players Association Derek Fisher of the Los Angeles Lakers speaks as New York Knicks Chauncy Billups (L) looks down during a news conference announcing the players’ rejection of the league’s latest offer on Monday and the process to begin disbanding the union in New York November 14, 2011. REUTERS/Shannon Stapleton (UNITED STATES – Tags: SPORT BASKETBALL BUSINESS EMPLOYMENT)

It might be a long winter for NBA fans.

The NBA Players Association announced the players’ rejection of the league’s latest offer today along with the decision to begin disbanding the union. It looks like a move aimed at getting the owners to one last round of negotiations. If the owners sit down again, maybe this gets resolved soon. If the owners balk, then this likely goes to court and the season is likely lost.