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NBA, players’ union reach labour agreement | NBA News – Times of India



The NBA and the National Basketball Players Association came to a tentative agreement on a collective bargaining agreement, the league announced in a brief statement early on Saturday morning.
No details of the pact were released. The terms must be ratified by the union membership as well as the team owners.
The deadline for either side to opt out of the current collective bargaining agreement was Friday. Had either side exercised that option, the existing CBA would have ended on June 30 instead of one year from that date.
The most recent labor deal was negotiated in 2016. The NBA went through lockouts in 1995 (two months in the offseason), 1996 (one day in the offseason), 1998-99 (costing each team 32 games) and 2011 (costing each team 16 games).





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