Poll: Will the NBA be forced to cancel the entire 2011-12 season? (vote below the jump)

As expected, the NBA announced Friday that preseason training camps for the 2011-12 season have been postponed indefinitely .

With little progress made in the ongoing labor dispute, there’s little hope of the regular season beginning on time and a lost season remains a serious possibility.

With the lack of a new collective bargaining agreement between the league and the National Basketball Players Association, the NBA had no choice but to postpone camps, which were scheduled to open on October 3.

Additionally, the league has canceled all preseason games through Oct. 15 — 43 games in all.

In an official press release from the league, NBA Deputy Commissioner Adam Silver explained the decision.

“We have regretfully reached the point on the calendar where we are not able to open training camps on time and need to cancel the first week of preseason games. We will make further decisions as warranted.”

Those further decisions will likely include more postponements and cancellations unless league officials and player representatives can miraculously close the wide gulf between their bargaining positions. The regular season is scheduled to begin on Nov. 1.

In the meantime, NBA fans are left to ponder whether their favorite players will sign overseas contracts and whether there will be a 2011-12 season at all.

What do you think?