The NBA Board of Governors has ratified a new 10-year collective bargaining agreement, enabling training camps and the free agency period for the 2011-12 season to begin on Fri., Dec. 9 at 2 p.m. ET. As previously announced, the NBA will begin its 66th season on Christmas Day.
“I am pleased to announce that we have concluded the collective bargaining process and have reached an agreement that addresses many significant issues that were challenges to our league,” said NBA Commissioner David Stern. “This collective bargaining agreement will help us move toward a better business model, a more competitive league and better alignment between compensation and performance.”
Full Story: NBA Board of Governors ratify 10-year CBA