#WojBomb There’s not going to be a lockout after this season. So that’s great news!
The NBA and NBPA have reached an agreement in principle on a new 7-year CBA, league sources tell @TheVertical.
— Adrian Wojnarowski (@WojVerticalNBA) December 15, 2016
The NBA and NBPA will make an official announcement on deal tonight, league sources tell @TheVertical.
— Adrian Wojnarowski (@WojVerticalNBA) December 15, 2016
Owners and players must still go through process of ratifying agreement, but that's a mere formality in the process.