ESPN.com · Apr 26, 2023
NBA, NBPA ratify new collective bargaining agreement
The NBA and National Basketball Players Association announced Wednesday night they have ratified the recently agreed-upon new collective bargaining agreement, one that will ensure labor peace through the remainder of this decade.
The new deal will go into effect on July 1, and will remain in place until at least the summer of 2029, when both sides will have the option -- as they did in the current deal -- to either opt into the final year of the deal or opt out and negotiate a new one.