NEW YORK — The National Basketball Association (NBA) released the full collective bargaining agreement to its teams on Wednesday, two days before free agency begins and three days before a new labor agreement between the league and players goes into effect.
The 676-page agreement — which has now been signed by both the NBA and the National Basketball Players Association — is for seven years, meaning through the 2029-30 season, though either party can opt out a year early by declaring expressed his intention to do so by October 15. , 2028.
Both sides agreed in principle to the new deal in the early morning hours of April 1, when the NBA was preparing to pull out of the existing CBA in a move that could have led to the league’s first major labor stalemate in 12 years.
The NBA owners and players then voted separately to approve the new deal in late April. Then it took the two sides several weeks to complete the writing of the actual agreement.
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