Thursday, October 6, 2016

The NBA is close to avoiding a 2017 lockout, per report





The NBA and the National Basketball Players Association could finalize a new Collective Bargaining Agreement, and the two sides are optimistic that they could sign it within weeks, according to The Vertical's Adrian Wojnarowski. If signed, the agreement would come a couple months in advance of the current CBA's opt-out date, Dec. 15, ensuring there will be no lockout in 2017.


NBA commissioner Adam Silver and NBPA executive director Michele Roberts had both expressed optimism in completing a deal in advance of the opt-out date in December. Much of the optimism stemmed from the great economic success of the NBA, which begins a $24 billion television deal this season that caused the salary cap to spike across the league this offseason.


Last time the CBA expired in 2011, the NBA and the NBPA were not able to reach an agreement, causing a lockout that stretched from July to December. It was the fourth lockout in the league's history.


Changes in the expected upcoming CBA this year will include a significantly higher rookie contract scale and “two-way contracts between the NBA and NBA Development League,” per Wojnarowski. Eight NBA teams still lack a full-time D-League affiliate, but the league has been steadily working to have 30 affiliates for the 30 NBA teams.


Most of the major details in the upcoming CBA have already been agreed upon by Silver and Roberts, per Wojnarowski. The details still remaining to be agreed upon primarily involve smaller elements of the agreement.

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