The National Basketball Association will have long-term labor peace.
The league and its players reached a tentative agreement early Saturday morning on a new collective bargaining agreement that begins with the 2023-24 season, according to a statement.
The contract, which ESPN reports is for seven years, must still be approved by owners and players.
Details of the contract will be disclosed after a term sheet is signed, the statement said.
Labor peace comes at a good time for the NBA, which will soon begin talks on new media contracts.