At a time of enormous popularity and prosperity, the league and the players union reached an agreement Wednesday on a seven-year collective bargaining agreement that ensured labor peace through the 2023-24 season.
Representatives from the NBA and the National Basketball Players Association were facing a Thursday deadline before which either side could have opted out of the current agreement. That deal, which dates to 2011 and was for 10 years, would have remained in place through the end of the 2016-17 season even if either side had opted out.
But the league and the union were pre-emptive in hashing out revised terms on issues that ranged from roster size to player salaries, averting the threat of another work stoppage.
The new agreement is pending ratification by players and team owners. To give both sides enough time to review the agreement and vote to ratify, the opt-out deadline was extended to Jan. 13.
Game Highlights: Troy Daniels scored 20 to lead the host Grizzlies to a 93-85 victory over the Cavaliers, who left LeBron James, Kyrie Irving and Kevin Love home to rest. … Austin Rivers scored 25 to help the visiting Clippers beat the Magic 113-108. … Hassan Whiteside had 26 points and 22 rebounds and the host Heat beat the Pacers 95-89. … DeMar DeRozan scored 31 to help the visiting Raptors defeat the 76ers 123-114. … John Wall and former Florida standout Bradley Beal combined for 45 as the host Wizards beat the Hornets 109-106. … James Harden had a triple double to lead the host Rockets past the Kings 132-98. … Bojan Bogdanovic scored 23 as the host Nets topped the Lakers 107-97.
Around the league: The Magic has purchased the NBA Developmental League's Erie BayHawks and will relocate the team from Pennsylvania to Lakeland beginning next season. The team will play its 24 home games at the Lakeland Center. … Lakers coach Luke Walton was fined $15,000 for "verbally abusing a game official and not leaving the court in a timely manner after his ejection," the league said. Walton was ejected from Monday night's game against the Kings in the first quarter.