The NBA and NBPA have reportedly reached an agreement to delay the 60-day period in which either side has the option to terminate the current Collective Bargaining Agreement, ESPN's Adrian Wojnarowski reported.
The date to complete talks is now set for Oct. 15. It was originally pushed back to Sept. 10 by the league and Players Association in May. The current CBA runs through the 2023-24 season, and Wojnarowski reported that it is believed the sides will be able to reach an agreement without a full termination.
By delaying the talks a second time, it guarantees that the 2019-20 NBA season will have come to a conclusion. An important measure, this process will allow both sides to have a better understanding of the landscape of the NBA for the 2020-21 season and how the coronavirus pandemic has impacted it. Salary cap and luxury tax numbers can now be negotiated based on complete numbers from the season.
This will allow all parties to understand what the market will look like in the coming months, as revenue losses due to the pandemic are expected.
In addition to the delay of the CBA, Wojnarowski reported that all signs point to the league delaying the 2020 NBA Draft and the beginning of free agency, which are scheduled for Oct. 16 and 18, respectively.
Postponing major events in the league year play into the growing assumption that the NBA will not begin the 2020-21 season on December 1 as previously discussed. Wojnarowski alluded to it in his report, and it's something that commissioner Adam Silver touched on during the NBA Draft Lottery.
Though the league does not want to delay the upcoming season too much, there is a desire to have fans back in attendance at some capacity to help with the revenue for teams.
"Our number one goal is to get fans back in our arenas," Silver said. "My sense is, in working with the Players Association, if we could push back even a little longer and increase the likelihood of having fans in arenas, that's what we would be targeting."
Stay connected to the Wizards with the MyTeams app. Click here to download for comprehensive coverage of your teams.
MORE WIZARDS NEWS:
- No shortcuts: Sheppard on building Wizards
- What now? How Lottery could change plans
- 2020 class: Is it weak?