CBA approved by owners, players to vote next
The NBA is on the verge of finalizing a seven-year collective bargaining agreement after team owners voted Wednesday to approve the tentative proposition that was agreed to last week.
The owners voted unanimously and players are expected to do the same in the next few days, two people with direct knowledge of the situation told The Associated Press.
The sources spoke on condition of anonymity because neither the NBA nor the National Basketball Players Association revealed actual specifics about the voting process publicly.
Teams met by teleconference to discuss and approve the proposed deal on Wednesday. Information about the CBA was recently emailed from the union to the players to have their ratification vote completed electronically by Friday, a source involved told the AP.
The voting process is merely a formality for the NBA and the NBPA — since they agreed last week, there was no question there would be enough of the required votes to ratify the tentative agreement from both sides.