NBA, players union reportedly nearing agreement on new CBA

Steven J. Gaither

NBA, players union reportedly nearing agreement on new CBA image

The NBA and the National Basketball Players Association appear to be close to a deal to prevent a work stoppage next year.

There is one word every sports fan hates to hear: lockout. 

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The NBA and the National Basketball Players Association appear to be close to working out a deal that would keep that from happening for the third time in two decades, according to The Vertical.

The report said a new collective bargaining agreement, expected to be finalized in the next few weeks, could include a higher rookie wage scale and two-way deals between the NBA Development League and the NBA that would add playing jobs. 

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NBA teams lost 32 games to lockout in 1998-99 and 16 in 2011-12.

The current 10-year-deal deal was negotiated in 2011, but the union has an opt-out clause that can be exercised by Dec.15. Failure to meet that deadline could result in a work stoppage for the 2017-18 season, but the labor situation isn't expected to get to that point.

Steven J. Gaither