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Pastimes : Basketball Junkie Forum (NBA)

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From: Sr K4/1/2023 7:29:01 PM
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NBA and Players’ Union Agree To New 7-Year Contract As Focus Turns to TV Deals

The new collective bargaining agreement with the National Basketball Players Association comes as the league prepares for a new round of media-rights talks.

NBA commissioner Adam Silver can turn to an upcoming round of media-rights negotiations now that a new collective bargaining agreewment with players is in place.PHOTO: PHOTO: TIM NWACHUKWU/GETTY IMAGES

By Robert O’Connell

April 1, 2023 10:31 am ET

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The NBA and the National Basketball Players Association agreed in principle early Saturday to a new collective bargaining agreement, the parties said, giving the league a long period of assured labor stability as it heads into a new round of media rights deals on the horizon.

The seven-year agreement—which still needs to be ratified by players and team governors—will go into effect at the start of the 2023-24 season, according to people familiar with the negotiations. It includes a mutual opt-out after its sixth year and includes language to try to both curb the trend of top players missing games and limit the spending of the NBA’s richest teams.

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