NBA: Owners, Players Ratify New Deal
December 09, 2011
Dallas Mavericks player Dirk Nowitzki from Germany talking to members of the media during player media availability at the American Airlines Center in Dallas, Texas, on Thursday. The NBA lockout is over and the first game of the season is scheduled for Christmas Day. (EPA Photo) Related articles
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New York. NBA owners and players made it official on Thursday, ratifying a new deal that brings the protracted lockout to a close and paves the way for a Christmas start to the season.
The move means training camps and free agent trading will open on Friday.
Commissioner David Stern and Deputy Commissioner Adam Silver announced the deal at a press conference on Thursday.
The 10-year contract allows either side to opt out after six years.
Under its terms, owners will save up to a quarter billion dollars a year.
However, the players were able to hang onto the soft salary cap they battled to maintain.
The NBA season had been scheduled to start on Nov. 1, but the two sides were unable to reach a new agreement to replace the one whose expiration saw owners lock out players on July 1.
After a tentative agreement was reached on Nov. 26, the NBA had already announced its plan for a compressed 66-game schedule, which will force every team to navigate demanding stretches at home and on the road that they would not normally endure in a full season.
The season begins with five games on Christmas Day, including the Los Angeles Lakers hosting the Chicago Bulls and NBA champions Dallas taking on Miami in a finals re-match.
The regular season is scheduled to conclude April 26 and the playoffs will open two nights later.
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10:26pm | Australia’s Corby Could Walk F...
Is this the same guy who said, just a few hours ago, that she is "comfortable" in prison? Is this a try to turn Indonesian citizens against SBY' -
10:16pm | Indonesia ‘Most Tolerant Count...
Dear lord let him be sterile we dont need anymore morons in indonesia. Who voted this waste of space into government? "The president and i go to c -
10:06pm | Indonesia ‘Most Tolerant Count...
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10:05pm | Indonesia ‘Most Tolerant Count...
The gov' of Indonesia should not recognize its country's six official religions because the religions make conflict in Indonesia all over the arc -
9:59pm | Some Experts Say Indonesia's B...
@D88 "...at least Indonesia is democratic country, unlike Singapore or Malaysia" Are you also "slumberless"? Or just lovers? ".. -
9:59pm | Indonesia ‘Most Tolerant Count...
"Yellow diamonds in the LIE," "Is a sky full of LIERES," "In another LIE," And that's coming from a man with a -
9:54pm | Churchill Set for Arbitration ...
hope the money goes to the people in the area -
9:51pm | RIM to Develop Indonesian ITB ...
xpat , theyre lucky enough to be given this opportunity , what makes you think this isn't based on mutual interest ? just because there's an econ
