NLL Becomes NIL

Hello. The NLL (National Lacrosse League) has become NIL, as in no games, and no season. There is currently no contract between the players and owners. According to the father of one of the players, the owners want a 5-year contract;the players want 2 years. Both want a 3% increase every year.
What's going on? Wasn't a lesson learned from the NHL? Cancelling a season is going to turn off many fans. The players lose money. The owners have mixed results. Franchise values go down. People, including groupies, go elsewhere.
Can they make it work? Time will tell. I would think a 3 or 4 year deal may be alternatives.
What's sad about this one compared to the NHL is the owners and particularly the players need the money. No one's living high on the hog.
Do these stoppages signal the begining of the end for sports in general? I do believe they could. Like most businesses, salaries are the biggest expense. If salaries escalate quicker than revenues, it could be time to close shop.

Regards,
Steve