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NBA pushes CBA termination back, facing revenue loss with no fans

The NBA and its players union have agreed to push back the date by which the league can terminate the Collective Bargaining Agreement in the wake of a pandemic, according to ESPN.

Under normal circumstances, the CBA would be in effect until the end of the 2023-24 season with both sides able to agree to an opt-out after the 2022-23 season. But after suspending the season on March 11, the NBA had a 60-day window to terminate the CBA under the force majeure event provision triggered by the coronavirus outbreak. The new extension triples that window, establishing a deadline at the end of September.