NBA, players ratify new collective bargaining agreement
NEW YORK — The new Collective Bargaining Agreement was ratified this week by the NBA players and NBA Board of Governors. The new agreement will take effect on July 1, 2017 and run through the 2023-24 season.
The parties voted based on a term sheet that outline the key deal points. Once the NBA and NBPA finish drafting and execute the complete agreement, specific details will be released.