Michael Heisley, owner of the Grizzlies, spoke publicly on Wednesday about the NBA lockout.

"I know very little. I'm not on the negotiating committee so I can only tell you that I think on both sides -- all of us -- hope we have a season," Heisley told a crowd in the Holiday Inn at the University of Memphis. "The players want to play. The owners want to play. It's a difficult negotiation. But they are all working very hard."

The NBA prohibits owners, and team and league personnel from commenting on the lockout.

"I've been through a number of negotiations (in business)," Heisley said. "It's a tough process."