Basketball Wiretap

NBA, NBPA Officially Ratify New Collective Bargaining Agreement

Jan 19, 2017 5:56 PM

The NBA's 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 approved 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.

The terms of the pact were agreed upon earlier this month and both sides had until Jan. 13 to ratify the terms.

The parties voted based on a term sheet that outline the key deal points. Once the NBA and NBPA finish drafting and execute the complete agreement, specific details will be released.

RealGM Staff Report

Tags: NBA, NBA CBA

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New CBA Now Official Following Ratification From Players

Dec 23, 2016 6:03 PM

The NBA players have ratified the collective bargaining agreement, making the new deal official.

NBA owners approved the CBA unanimously earlier in the week.

The new deal will take effect on July 1, 2017.

Jeff Zillgitt/USA Today

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NBA To Become First League To Offer Medical Benefits To Retired Players

Dec 23, 2016 1:13 PM

The NBA will become the first professional sports league to offer retired players medical benefits as part of a comprehensive and enhanced player retirement package.

"That was kind of a big point for us to be able to give back to retired players," Carmelo Anthony told ESPN concerning the recent collective bargaining agreement negotiations. "Every league sees what happens to retired players after a certain period of time. But for us to be able to take care of those guys, I know how much it means to them."

Starting on Jan. 1, the NBA and NBPA will equally fund a new health insurance plan, education/career development program and increases in pension benefits for retired players.

Previously, players who retired from the NBA received a pension from the league but were responsible for their own health insurance. 

The sudden heart-related deaths of Darryl Dawkins and Moses Malone in 2015 led Adam Silver to call Michele Roberts about addressing this issue in their new CBA talks.

Michael Jordan also played a big role in stressing the importance of this issue.

"(Malone's and Dawkins' deaths) sent shock waves through the whole basketball universe," said Dwight Davis, who played for the Cavaliers and Warriors in the late 1970s and now serves as vice chairman for the National Basketball Retired Players Association. "Some of the deaths of retired players could have been avoidable because guys didn't have insurance and weren't doing yearly checkups."

"This is the first time in professional sports that this has happened," Davis added of the NBA providing medical benefits for retired players and their families. "What it means, dollar-wise for a guy like me who is 67, steadily employed for a while, on Medicare, with this new plan, I am going to save thousands of dollars -- in co-pays a minimum of $4,000 to $5,000 a year.

"Some of my younger counterparts are guys in their 40s, some of those guys are paying $30,000 a year for health insurance for themselves and families because of preexisting injuries. The abuse our bodies take, it is hard to get affordable insurance as a retired player."

Ohm Youngmisuk/ESPN

Tags: NBA, NBA CBA

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Rockets Proposed Supermax Rule Of New CBA

Dec 23, 2016 11:09 AM

The Houston Rockets were the team that initially proposed the NBA's new supermax contract extension rule and pushed for it throughout the process.

Houston already signed James Harden to a four-year extension last summer and will be allowed to extend him under the new rules in 2017. The new deal would begin with the 19-20 season and run through 22-23 and be worth up to $164 million for those four years added to the two years and $58.7 million still left on his deal.

"They love me, man. I love them," Harden said. "I love being here. We're going to win a lot. I'm excited to be here. That's one of the reasons I extended this summer.

"Obviously, this year's been great. I've been happy, probably the happiest I've been since I've been in a Rockets uniform. Everybody else is happy."

Jonathan Feigen/Houston Chronicle

Tags: James Harden, Houston Rockets, NBA, NBA CBA

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