Good News On NBA Labor Front

With a December 15th deadline looming for either side to opt out of the CBA, labor peace was given a bit of a reprieve today, as the NBA and the players union decided to extend the deadline.

ESPN Sources: With labor talks ongoing, the NBA and Players Association are agreeing to extend the Dec. 15 deadline that each side has to give notice of plans to opt out of the current CBA in Dec. 2023. Ratification of extension will come at Board of Governors meeting Wednesday.

— Adrian Wojnarowski (@wojespn) December 9, 2022

NBA Insider Adrian Wojnarowski says talks have been ongoing, leading the two sides to agree to keep working. 

The negotiating extension is expected to be into February, sources said, and allows sides to continue negotiating on a new labor deal. The current CBA expires at the end of the 2023-2024 season.

— Adrian Wojnarowski (@wojespn) December 9, 2022

Woj notes that the extension is likely to continue until at least February, allowing negotiations to continue on a new labor deal. The current 7-year collective bargaining agreement is set to expire at the end of next season.

If either side opts out before then, a work stoppage could be in the offing as of July 1, 2023. The last NBA work stoppage occurred in 2011. 

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