NBA, NBPA extend deadline to opt out of CBA

The NBA and NBPA have agreed in principle to "extend the Dec. 15 deadline that each side has to give notice of plans to opt out" of the CBA at the end of the 2022-23 season. Talks on a new CBA are "ongoing, and a formal ratification of an extension -- likely into February -- is expected to come" at a virtual BOG meeting Wednesday. The current seven-year CBA expires after the 2023-24 season, but the "possibility of either side opting out of the agreement leaves the NBA vulnerable to a work stoppage" on July 1, 2023. Pushing back the opt-out date allows the league and union to "continue to pursue a new, long-term labor agreement" (ESPN.com, 12/9).