No Lockout: CBA Agreement is Reached

Discussion in 'NBA General' started by JWohl, Jun 20, 2005.

  1. JWohl

    JWohl JBB Lovin the BCS

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    NBA closing in on labor agreement!!

    <div class="quote_poster">Quote:</div><div class="quote_post">The NBA and its players' association are close to agreeing on a new collective bargaining agreement that would institute a 19-year-old age limit, reduce contract lengths and raise the salary cap, sources close to both negotiating committees told ESPN.com on Monday night.

    The potential agreement would run for six years and would allow the two sides to avoid a lockout on July 1.

    NBA spokesperson Tim Frank told ESPN that the two negotiating committees were scheduled to meet again on Tuesday morning in New York.

    A source close to the NBA negotiating committee and a source close to the players' association negotiation committee claim that all of the major issues between the two sides have been agreed to in principle, and the purpose of Tuesday's meeting is to work out some of the finer points of the agreement that weren't addressed during a lengthy breakthrough negotiation session Friday. Both sources asserted that none of the issues left on the table were major sticking points. If those issues can be worked out in a timely fashion, the two sides would be ready to announce a deal.

    Union spokesperson Dan Wasserman declined comment on the story.

    If a new agreement is reached soon, the players would have the opportunity to ratify it during a summer meeting on June 28th. It might take several more weeks for the final agreement to get drafted, possibly delaying the start of the free agent period scheduled to start July 1st.</div>
    source
     
  2. NSavic

    NSavic JBB JustBBall Member

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    Great news!
     
  3. Shard

    Shard Hi2u

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    <div class="quote_poster">Quote:</div><div class="quote_post"> NEW YORK -- NBA owners and players agreed to a new collective bargaining agreement Tuesday, averting the possibility of a lockout.

    The league called a 5 p.m. ET news conference in San Antonio prior to Game 6 of the NBA Finals, with commissioner David Stern and union director Billy Hunter announcing their agreement, ESPN Insider Chad Ford has confirmed.

    The deal came on the fourth consecutive day of talks between the sides. The league's old seven-year agreement is due to expire on June 30.

    The league and its players' association on Monday night were close to agreeing on a new CBA that would institute a new 19-year-old age minimum, reduce contract lengths and raise the salary cap, according to sources close to both negotiating committee.

    </div>
    Full Story courtesy of ESPN.com

    YESS!!!!
     
  4. JWohl

    JWohl JBB Lovin the BCS

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    finished

    <div class="quote_poster">Quote:</div><div class="quote_post"> NEW YORK -- NBA owners and players agreed to a new collective bargaining agreement Tuesday, averting the possibility of a lockout.

    The league called a 5 p.m. ET news conference in San Antonio prior to Game 6 of the NBA Finals, with commissioner David Stern and union director Billy Hunter announcing their agreement, ESPN Insider Chad Ford has confirmed.

    The deal came on the fourth consecutive day of talks between the sides. The league's old seven-year agreement is due to expire on June 30.

    The league and its players' association on Monday night were close to agreeing on a new CBA that would institute a new 19-year-old age minimum, reduce contract lengths and raise the salary cap, according to sources close to both negotiating committee.

    The potential agreement would run for six years and would allow the two sides to avoid a July 1 lockout.</div>source
     
  5. Mamba

    Mamba The King is Back Staff Member Global Moderator

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    Great news!

    I'm really happy they came to one and this didn't turn into something ugly...I still don't agree with the age limit...if you can go die for your country, you should be able to play ball...that simple...but, they reached an agreement and that is all that matter...great job!
     
  6. PUREPOINT

    PUREPOINT JBB JustBBall Member

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    I'll cross my fingers and wait to hear "officialy" that it's been solved.
     
  7. bbwSwish

    bbwSwish Harder. Better. Faster. Stronger.

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    YEAH! I'M SO HAPPY!

    This is great. I am so glad I won't have to wait even longer to see the Magic play. Thank God the NBA isn't as stupid as the NHL. Even though there is a 19 year old age limit, at least we won't have a lockout.
     
  8. Really Lost One

    Really Lost One Suspended

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    yeah, this is great news. i mean, without the nba, how can i survive? i mean, sure there's football, but that's only once a week! thank god they came up with an agreement. [​IMG]
     
  9. Miami Flash City

    Miami Flash City JBB All Day

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  10. MiamiBalla12

    MiamiBalla12 JBB Light-Skinned Assassin

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    afterschool would be so boring without the NBA to watch.
     
  11. playmaker15

    playmaker15 JBB Droppin Dimes

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    Yea, there would be nothing to do, thank goodness they came to an agreement.
     
  12. lazy afternoon

    lazy afternoon JBB JustBBall Member

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    I'm grateful for this. I don't even want to imagine watching highlights on SportsCenter seeing all this poker and golf.
     
  13. Really Lost One

    Really Lost One Suspended

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    <div class="quote_poster">Quoting Human Highlight:</div><div class="quote_post">I'm grateful for this. I don't even want to imagine watching highlights on SportsCenter seeing all this poker and golf.</div>
    and baseball. [​IMG]
     
  14. B.e.

    B.e. The One Who Score Touchdowns and Spikes Mics

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    Good no lockout, hopefully no age limit either.
     
  15. .cabangbang

    .cabangbang BBW Member

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    Sweet mother of jesus!! Just wondering, does this apply to WNBA as well?
     
  16. Schaddy

    Schaddy Tangerine

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    this is real good news. now i've just got to find some way to get david stern on the line with gary bettman, and we'll really be cooking [​IMG]
     
  17. bbwAce

    bbwAce BBW Member

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    this is great news...the NBA just had one of its most successful seasons attendance-wise, which means that fan support is just now starting to grow back after the '99 lockout...another lockout would have left a sour taste in the mouths of NBA loyalists, and would've potentially been very damaging to the state of the league...
     
  18. urbannomad23

    urbannomad23 JBB JustBBall Member

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    <div class="quote_poster">Quoting Shooter:</div><div class="quote_post">this is great news...the NBA just had one of its most successful seasons attendance-wise, which means that fan support is just now starting to grow back after the '99 lockout...another lockout would have left a sour taste in the mouths of NBA loyalists, and would've potentially been very damaging to the state of the league...</div>
    True! we might have become the NHL! da da duuuughn! lol [​IMG] i'm happy its done with. I enjoy ball and football, and hockey, but baseball i cant stand!
     
  19. Moo2K4

    Moo2K4 NBA West Producer

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    Thank God. I was hoping that this would be reached soon. I didn't want to see another lockout like we did a few years back. However, I'm amazed the age limit is only 19. Because of that, there will still probably be quite a few high schoolers that will be liable to come out immediately, whether they're ready or not. I do like it though. Make all the 18 year old kids that come out and think they're ready go prove it on the collegiate level. All in all, this just makes me a happier person in general, to know that the NBA will be there next season when it's supposed to begin.
     
  20. bbwSwish

    bbwSwish Harder. Better. Faster. Stronger.

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    <div class="quote_poster">Quoting B-22:</div><div class="quote_post">Good no lockout, hopefully no age limit either.</div>
    They decided the age limit was 19.
     

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