NBA, NBAPA complete and sign new CBA that will run through 2029-30 season – The Denver Post

Last Updated on June 29, 2023 by Admin

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202306281735TMS MNGTRPUB SPORTS NBA NBAPA COMPLETE AND SIGN NEW 2 NY5

Signed. Sealed. Delivered.

The NBA and the NBAPA have completed and signed a new Collective Bargaining Agreement, the two sides announced Wednesday.

The 676-page agreement has been shared with all 30 teams. It goes into effect on Saturday and will run through the 2029-30 season.

“The National Basketball Association and the National Basketball Players Association announced today that the final long-form version of the new Collective Bargaining Agreement has been completed and signed,” the NBA said in a statement. “The terms of the new CBA had previously been reflected in a shorter-form memorandum of agreement.”

The agreement comes less than 48 hours from the start of free agency. The league and players’ association had agreed in principle on a new deal in the early hours of April 1, according to the Associated Press.

The two parties then voted separately to approve on a new deal and later worked weeks to complete the writing of the actual agreement.

Developing story, check back for more details.

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