The NBA and the National Basketball Players Association (NBPA) are approaching a deadline to decide whether to opt out of the current collective bargaining agreement (CBA) by Friday. If neither side opts out, the CBA will run through the 2023-24 season. NBA Commissioner Adam Silver stated that the league plans to have a new CBA in place ahead of the 2023-24 season. However, he also suggested the possibility of another extension if they don’t have an agreement in place by Friday. The two sides have not disclosed which issues are causing the biggest challenges in negotiations, but Silver mentioned Diamond Sports Group’s financial issues and changes in the media world as reasons why the league wants a new CBA.
Among the issues being discussed are changes to the luxury-tax system, the league’s extension rules, removing the “one-and-done” rule, and cap-smoothing proposals. Silver predicts negotiations will go down to the very end and could not place odds on whether an agreement will be reached by Friday. It seems that negotiations are ongoing and uncertain, according to the statement by Silver. While he hopes that an agreement can be reached by Friday, he also acknowledged that there’s still a lot of work to be done and that it may go down to the wire. It’s difficult to predict whether or not a deal will be made, as there are multiple parties involved in the negotiations.