Next Nba Collective Bargaining Agreement

If the League and the union still negotiate these issues by the end of the day, Monday, it is a definite bet that the CBA`s notice will be extended by a few more days. However, an agreement is expected to be reached before the end of next week, with the November 18 project fast approaching. Silver also added, during Friday`s call, that players should prepare for the possibility of not having fans in NBA arenas next year if a 19-19 vaccine is still not available. Teams will likely not receive formal figures from the league until the end of the week, after a final deal has been officially reached. The league`s current moratorium on transactions is expected to be lifted early next week, just before the NBA draft takes place on Nov. 18. The NBA`s trade freeze is maintained for now, but the expectation is for it to be lifted early next week, perhaps two or three days before the Nov. 18 draft, according to Bontemps and Wojnarowski (Twitter link). Once this freeze is over, teams can formally complete trades and other rolling moves. The NBA and nbPA have reached an agreement to extend the window that allows the league to end the collective bargaining agreement in the midst of the coronavirus pandemic, according to ESPN`s Adrian Wojnarowski. Despite this sinister comment from Silver and despite the fact that many players would have preferred a start on January 18, I would certainly not rule out an opening night on December 22.

The NBA has estimated that postponing the start of the 2020/21 season to mid-January could cost the league more than $500 million to $1 billion in revenue next season and beyond. The lost revenue is bad news for the players and the league, so the NBPA has a strong incentive to understand how the previous start date can work. This is the fifth time that both parties have agreed to extend the deadline, including the third time in the last three weeks. The League and the union continue to work to finalize changes to the CBA, including setting new free agency dates and deadlines and determining players` salaries for future seasons for fiduciary purposes. . . .