AGREEMENT IN PRINCIPLE

NBA, players strike deal for new 72-game season

The NBPA last week approved the date for the opening of the new season that will have a reduced 72-game schedule. After a meeting on Monday, it and the NBA said in a joint statement.

In Summary

• “A new system will be used to ensure the parties’ agreed-upon split of basketball-related income (BRI).”

• The 2019-20 season was completed in October after a four-month delay due to the Covid-19 pandemic, with teams competing in a bio-secure bubble at Walt Disney World in Orlando.

Los Angeles Lakers forward Anthony Davis blocks a shot from Miami Heat guard Tyler Herro
Los Angeles Lakers forward Anthony Davis blocks a shot from Miami Heat guard Tyler Herro
Image: Kim Klement

The National Basketball Association (NBA) and the players’ association (NBPA) have reached an agreement in principle on a collective bargaining agreement (CBA) for the 2020-21 season, which will begin on December 22, they said.

The NBPA last week approved the date for the opening of the new season that will have a reduced 72-game schedule. After a meeting on Monday, it and the NBA said in a joint statement.

Both figures are unchanged from last season.

“In subsequent seasons of the CBA, the salary cap and tax level will increase by a minimum of 3 per cent and a maximum of 10 per cent over the prior season,” the league and players’ union added. “A new system will be used to ensure the parties’ agreed-upon split of basketball-related income (BRI).”

“In the event player compensation were to exceed players’ designated share in any season, necessary salary reductions beyond the standard 10 per cent escrow would be spread across that season and potentially the following two seasons, subject to a maximum salary reduction in any season of 20 per cent.”

The agreement is subject to a vote by the league’s Board of Governors. Free agent negotiations would begin on Nov. 20, two days after the draft, they said in the statement. Training camps are set to begin in early December.

The 2019-20 season was completed in October after a four-month delay due to the Covid-19 pandemic, with teams competing in a bio-secure bubble at Walt Disney World in Orlando.