Report: NBA is on the verge of a new CBA and avoiding a possible lockout
Thearon W. Henderson/Getty
The two sides have reportedly made "significant progress" toward a new CBA, and the league and the players union have already ironed out several big issues, leaving only smaller issues to discuss.
The two sides have until December 15 to decide to opt in or out of the current CBA, but expect to complete a new deal before that date, according to Wojnarowski.
The news comes as a surprise because many felt that the two sides were headed toward a lockout. One major issue was the rising salary cap, which jumped from $70 million in 2015-16 to $94 million in 2016-17, thanks to a new TV deal. This led to the highest-spending free agency period in league history and also afforded the Golden State Warriors the opportunity to sign Kevin Durant, which many feel has unfairly shifted the competitive balance.
There had been other quarrels, mainly about money-related issues, and although there was optimism that a lockout might not cost actual games in the 2017-18 season, many felt the two sides would at least have to negotiate a new deal.
A new CBA isn't done yet, and things can change quickly. But if the two sides have already laid most of the groundwork for a new deal, NBA fans can rejoice.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Experts warn of rising temperatures in Bengaluru as Phase 2 of Lok Sabha elections draws near
- Axis Bank posts net profit of ₹7,129 cr in March quarter
- 7 Best tourist places to visit in Rishikesh in 2024
- From underdog to Bill Gates-sponsored superfood: Have millets finally managed to make a comeback?
- 7 Things to do on your next trip to Rishikesh