Obama Resolves NBA Labor Dispute — With Own Basketball Game

Fans can satisfy their basketball jones — if they’re willing to pay up

President Obama has an answer to the NBA labor dispute — just watch his basketball game instead.

The president has recruited a slew of NBA stars for a Dec. 12 fundraiser, including Ray Allen, Carmelo Anthony, Chris Bosh, and Vince Carter. Retired players will include Alonzo Mourning, Dikembe Mutombo and Patrick Ewing. More than two dozen stars will play in all.

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But seeing them won't be cheap: Seats start at $100, with courtside seats going for a mere $5,000.  Proceeds go to the Obama Victory Fund, which supports the Democratic Party and Obama's re-election campaign.

The game will be held in Washington, D.C. at a venue to be determined.

The president, a basketball devotee, has been mixing hoops and politics a lot lately: He marked Veterans Day by delivering a speech and then watching a North Carilina and Michigan State basketball game aboard the USS Carol Vinson, the warship that performed Osama bin Laden's burial at sea.