Over the last few weeks, the NBA and NBPA have been working side-by-side to reach a new collective bargaining deal. They’ve discussed a number of topics like removing the amnesty provision, making restricted free agency easier for players and also discussing how to properly split the BRI (basketball related income), adjust the rookie scale and increases in the veteran’s minimum.
Long story short, good things are happening. The NBA and NBPA have talked about getting closer and closer to a new CBA deal and now it appears the length of a new deal has been settled upon. A seven-year extension on the current deal is expected to be agreed upon by both the NBA and the NBPA very soon.
Following from Adrian Wojnarowski of The Vertical on Yahoo! Sports.
The NBA and National Basketball Players Association are working on a seven-year extension to the Collective Bargaining Agreement, with a mutual opt-out in six years, league sources told The Vertical.
The seven-year deal could potentially deliver the NBA labor peace through the 2023-24 season, unless the opt-outs are exercised in 2022, league sources told The Vertical.
The new CBA will begin with the 2017-18 season.
The NBA and union share a Dec. 15 opt-out date on the current 10-year labor agreement, but the sides are nearing completion on a new agreement that’ll be finalized within weeks, league sources said.
The NBA and the union have agreed upon the major issues of the deal, and are finishing negotiations on smaller provisions, league sources said.
