Report: New NBA Collective Bargaining Agreement agreed upon

NBA players back out
AP
2 Comments

Two years ago, most observers – those loyal to owners, those loyal to players and those neutral – expected a 2017 NBA lockout. Michele Roberts was throwing bombs, and commissioner Adam Silver stood in staunch in his opposition to the players-union chief.

Lately, the only question has been when, not if, the league and players would strike a deal ensuring labor peace.

That answer has been revealed: Today.

Marc J. Spears of The Undefeated:

ESPN’s The Undefeated has learned the NBA labor agreement term sheet is done and is pending ratification. Joint statement coming soon.

Owners and players still must approve the deal, but representatives at the negotiating table surely understood their constituents’ requirements. Ratification is barely more than a formality.

The new CBA will resemble the current one, and it might even be structured as a revision-and-extension of the current one. That could mean new terms go into effect even before the current agreement expires June 30, which is one of the big unknowns about the new deal.

What do we know? Some details have already leaked. See here, here, here, here, here, here, here, here, here, here and here and check back for more developments.