Basketball

Report: NBA, NBPA extend deadline to void CBA

Share this with
Copy
Share this article
ByReuters
11/05/2020 at 15:47 | Updated 11/05/2020 at 15:49

NBA owners have four months to decide whether to terminate the league's collective bargaining agreement in light of the coronavirus pandemic.

ESPN reported the players association and NBA agreed to move the deadline for
possible termination to September. While good-faith negotiations on elements
of the CBA, including future salary cap and ongoing financial implications,
are ongoing, extending the deadline was the result of both sides hoping for a
clearer picture of the league's long-term outlook.

The NBA can terminate the CBA under the Force Majeure Event provision for the
period starting March 11 when the 2019-20 season was suspended.

Basketball

Basketball-Mystics' Delle Donne awaiting risk assessment

A DAY AGO

With an extension in place, ESPN reported, it is possible for the NBA season
to resume this summer with a goal of recouping revenue lost from a hiatus that
hit the two-month mark on Monday.

On a conference call with players Friday, commissioner Adam Silver outlined
what could be harsh realities stemming from the lengthy break.

"This CBA was not built for an extended pandemic," Silver said on audio of the
call. "There's not a mechanism in it that works to properly accept a cap when
you've got so much uncertainty; when we'd be going in next season saying,
"Well, our revenue could be $10 billion or it could be $6 billion. Or maybe it
could be less."

Revenue projections could be more finite than ever before if play resumes, as
expected, in empty arenas without fans. Silver said on Friday's call the
league could finish this season and play next season without fans present.

The NBA and NBPA share revenue on a 51-49 split of basketball-related income.

--Field Level Media

Basketball

Not all fun and games as NBA moves into 'Most Magical Place On Earth'

YESTERDAY AT 19:18
Basketball

Report: Pelicans' Gentry cleared for NBA restart

YESTERDAY AT 17:52
Related Topics
Basketball
Share this with
Copy
Share this article