June 1, 2023

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NBA, players reach deal for a new labor agreement – The Denver Post

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By TIM REYNOLDS (AP Basketball Writer)

The most financially successful era in NBA history will continue uninterrupted for at least six more years, after the league and its players came to a tentative agreement on a new Collective Bargaining Agreement that will kick in this summer.

It took more than a year of bargaining, with the intensity and expectation growing in recent days, and the handshake agreement was struck in the wee hours of Saturday morning — shortly after the league intended to tell the National Basketball Players Association of its plan to opt out of the current CBA on June 30.

Instead, a deal got done, at least in principle. “The NBA and National Basketball Players Association have reached a tentative agreement on a new Collective Bargaining Agreement, pending…

The Associated Press

2023-04-01 23:43:50

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