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Adam Silver hopeful of NBA CBA deal by end of week

NEW YORK -- NBA commissioner Adam Silver said Wednesday afternoon that there has been progress made toward striking a new collective bargaining agreement with the National Basketball Players Association, and that he can "foresee" a potential new deal being agreed upon between now and Friday night's deadline to opt out of the current agreement.

"I think both sides understand that this is a window of opportunity that we should try not to miss," Silver said during his news conference at the conclusion of this week's meeting of the league's board of governors in midtown Manhattan. "Because, if we don't have the deal done this Friday, the next real deadline is June 30, but that's the very end of the season.