NBA Agrees To New Collective Bargaining; No Lockout
The NBA and the National Basketball Players Association finally came to agree on a tentative collective bargaining agreement
After months of negotiation, a seven-year deal is almost done on a new CBA between the NBA and the NBPA. According to reports, the agreement includes a clause for an opt-out for both sides after six years.
Both parties agree to push back today’s unofficial deadline to opt out of the current contract to Jan. 13th. This allows both sides to review and modify the deal if need be.
[via NBA]
“It’s amazing, I’m excited,” said Chris Paul, president of the NBPA. “I’m happy for our fans, the owners involved. It’s a great thing.”
Also, the seven-year deal means that there won’t be any discussion of a lockout until the 2023-24 season. The last work stoppage was in 2011 in which the regular season didn’t begin until Christmas.
Per USA TODAY, here are some key details of the agreement:
While some players are excited about the new deal, others aren’t. Draymond Green voiced his displeasure on Twitter after the news was announced.
It seems like Green believes the players are not getting a fair end of the deal. Only time will tell what the reasoning behind his tweets were.
Furthermore, the NBA draft eligibility rule remaining at one year after high school was perhaps the most interesting detail. Due to the influx of “one and done” players I was certain that the minimum would increase to two years.
NBA fans should be excited this deal got done. As a result, the league can move forward. Perhaps most importantly, there won’t be a lockout next summer. Great news.
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