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Silver ‘Optimistic’ on New Collective Bargaining Agreement

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NBA commissioner Adam Silver expressed optimism Sunday night before the 10th edition of the Global Games in China that a new collective bargaining agreement with the Players Association will be reached soon.

The league and the National Basketball Players Association signed a 10-year agreement in 2011, but either side can opt out of the contract by Dec. 15.

“I’m not going to put any more specific timetable on it than that,” Silver said, “but that we continue to meet. In fact, the head of the Players Association, Michele Roberts, was in Spain, where I just came from, where she was accompanying the Oklahoma City Thunder.  We had an opportunity to speak there as well. So we continue to be engaged on a regular basis. I remain optimistic that we’re going to get something done relatively soon.”

Source: Fran Blinebury of NBA.com

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Sources: Wiggins, Wolves Nearing Max Extension

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Minnesota’s Andrew Wiggins is progressing toward a five-year, $148M maximum extension, hopeful to sign soon, sources tell The Vertical.

Source: Shams Charania of The Vertical

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J.J. Barea Waiting to Hear From Family in Puerto Rico

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As he waits to hear from his parents and other relatives in Puerto Rico, Dallas Mavericks guard J.J. Barea has launched a fundraising campaign to prepare to help people in his homeland after the island was devastated by Hurricane Maria.

Barea and his wife, Viviana Ortiz, organized a relief fund on the same online platform used by Houston Texans defensive end J.J. Watt to raise more than $37 million to aid people affected by Hurricane Harvey. Barea’s fund had reached three-quarters of its original goal of $100,000 as of Thursday afternoon.

Source: Tim MacMahon of ESPN

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Lakers Ink Jersey Sponsor Deal with Wish

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The Los Angeles Lakers will wear the Wish logo on their jerseys starting this season after agreeing to a three-year deal with the California-based e-commerce mobile app company.

The Lakers’ multiyear deal with Wish — a company that rose to prominence recently as a sponsor of the Floyd Mayweather-Conor McGregor fight — will be for $12-14 million annually, as first reported by the Sports Business Journal. The jersey sponsorship ranks second behind the Golden State Warriors’ deal with Rakuten, which is worth $20 million annually and includes naming rights to the Warriors’ team facility.

Source: Ohm Youngmisuk and Darren Rovell of ESPN

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