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Report: NBA, Union Optimistic About New Labor Deal

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The NBA and the National Basketball Players Association have expressed optimism over reaching a new collective bargaining agreement in the coming weeks before a key December date, according to a report by The Vertical.

The current 10-year deal, signed in 2011, has a Dec. 15 opt-out clause, but both sides are looking to hammer a deal in place before that date. Sources have told ESPN that there is optimism on both sides of the table for a new agreement that would eliminate the possibility of a work stoppage in 2017.

Source: ESPN

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