The NBA and NBA Players Association tentatively reached an agreement on a new collective bargaining agreement, the sides announced early Saturday. The agreement must go to the players and the league’s Board of Governors to be ratified.
The two sides had previously agreed to a midnight ET Saturday deadline that would have allowed either side to opt out of the current agreement after the deadline passed, but worked to ensure a new deal was in place. The new CBA is reportedly for seven years and includes a mutual opt-out after the sixth year. It will reportedly begin in the 2023-24 season, replacing the current deal.