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Report: Optimism for new Collective Bargaining Agreement by December

NBA players back out

In this photo released by Mexico’s Attorney General’s Office (PGR) on Friday March 16, 2007 a large amount of cash in U.S. dollar currency is displayed at an undisclosed location in Mexico City. Federal officials seized US$ 205.6 million ( 154.3 million) in cash from a luxury house in one of Mexico’s most upscale neighborhoods and said they believe the money was tied to the methamphetamine trade. Seven people were detained as well.(AP Photo/PGR-HO) NO SALES

ASSOCIATED PRESS

Either the owners or players can opt out of the Collective Bargaining Agreement by Dec. 15, but they’ve been working to avoid that.

Maybe they will?

Brian Windhorst of ESPN:

Silver and a group of owners who make up the labor relations committee have been regularly meeting with Roberts and her staff in recent months to work on a new collective bargaining agreement. Those talks have been productive, and there is optimism that the sides may be able to work out a new deal by December, sources said.

The CBA needs major work. An influx of unforeseen money from the new national TV contracts has warped the system. I can’t see owners or players wanting to keep the system in tact, though both sides should be inclined to continue receiving billions without interruption.

Even if one side opts out – the only opportunity to do so before the CBA expires in 2021 – the agreement will run until June 30. There’d still be plenty of time to strike a deal before a work stoppage, and the pressure of that deadline could help.

But a signed, sealed and delivered CBA before Dec. 15 is the golden ticket – a way to preempt lockout hysteria before it has a chance to get going.