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New Seven-Year CBA Ratified By NBA, NBPA
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It’s official. The new collective bargaining agreement has been ratified by the players and owners, according a release from the league office.
The NBA Board of Governors unanimously OK’d the deal earlier this week and the National Basketball Players Associated voted its approval on Friday.
The new agreement will take effect on July 1, 2017 and run through the 2023-24 season.
Source: NBA.com