NBA, union could reportedly finalize new CBA within weeks to avoid 2017 lockout
With the exploding salary cap this summer and players and owners often bickering over issues large and small, it seemed like the possibility for a lockout in 2017 was very likely. But according to The Vertical's Adrian Wojnarowski, the NBA and the National Basketball Players Association are weeks away from finalizing a new Collective Bargaining Agreement:
The NBA and National Basketball Players Association have made significant progress toward a new Collective Bargaining Agreement, and there is strong optimism among officials on both sides that a deal could be finalized in the next several weeks, league sources told The Vertical.
The NBA and NBPA each have until Dec. 15 to exercise an opt-out clause of the current 10-year deal that was reached in 2011, but sources on both sides believe that a new deal will be in place prior to that date.
...
From the outset of the talks, there has been a spirit of cooperation between Silver and Roberts, largely reflective of strong economic times in the NBA.
Wojnarowski also reports that the NBA and NPBA are discussing increasing rookie salaries and creating two-way contracts between the league and the D-League.
If a new CBA is agreed upon before Dec. 15 this will obviously be great news as a lockout would be avoided. There was a lockout in 2011 that lasted until December forcing the league to cut the regular season schedule down by 16 games. When it comes to the players and even the league, no one wants to see that happen again so it is very promising to hear that both sides are working on an agreement sooner rather than later.
With the exploding salary cap this summer and players and owners often bickering over issues large and small, it seemed like the possibility for a lockout in 2017 was very likely. But according to The Vertical's Adrian Wojnarowski, the NBA and the National Basketball Players Association are weeks away from finalizing a new Collective Bargaining Agreement:
The NBA and National Basketball Players Association have made significant progress toward a new Collective Bargaining Agreement, and there is strong optimism among officials on both sides that a deal could be finalized in the next several weeks, league sources told The Vertical.
The NBA and NBPA each have until Dec. 15 to exercise an opt-out clause of the current 10-year deal that was reached in 2011, but sources on both sides believe that a new deal will be in place prior to that date.
...
From the outset of the talks, there has been a spirit of cooperation between Silver and Roberts, largely reflective of strong economic times in the NBA.
Wojnarowski also reports that the NBA and NPBA are discussing increasing rookie salaries and creating two-way contracts between the league and the D-League.
If a new CBA is agreed upon before Dec. 15 this will obviously be great news as a lockout would be avoided. There was a lockout in 2011 that lasted until December forcing the league to cut the regular season schedule down by 16 games. When it comes to the players and even the league, no one wants to see that happen again so it is very promising to hear that both sides are working on an agreement sooner rather than later.
