NBA and Players Reach New Labor Agreement

The National Basketball Association will have long-term labor peace.

The league and its players reached a tentative agreement early Saturday morning on a new collective bargaining agreement that begins with the 2023-24 season, according to a statement.

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The contract, which ESPN reports is for seven years, must still be approved by owners and players.

Details of the contract will be disclosed after a term sheet is signed, the statement said.

Labor peace comes at a good time for the NBA, which will soon begin talks on new media contracts.

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Author : Sportico

Publish date : 2023-04-01 11:58:59

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NBA and Players Reach New Labor Agreement  
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