NBA, NBPA Extend CBA Opt-Out Decision To Day Before Trade Deadline
The NBA and NBPA have agreed to extend the collective bargaining agreement opt-out deadline to Feb. 8th, which is one day before the trade deadline.
The league and union said in their statement that they are making "ongoing efforts to reach a new agreement."
The existing CBA would expire after the 23-24 season, but the agreement will end on June 30th if either side exercises their opt-out.
The NBA is seeking the implementation of an upper spending limit, which is a version of a hard cap.
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, Khareem Sudlow
