The basketball season is slated to start on Dec. 25 with a triple-header after the National Basketball Association and its players reached a tentative labor agreement, reports Bloomberg.
If the players and owners ratify the agreement, the NBA plans to open training camps Dec. 9 to prepare for a 66-day season that will start on Christmas Day, the piece notes, citing NBA Commissioner David Stern.
“We’ve reached a tentative understanding that is subject to a variety of approvals and very complex machinations, but we’re optimistic that will all come to pass and that the NBA season will begin Dec. 25,” Stern said at a press conference, the story notes.
The proposed deal, which would settle an antitrust lawsuit, would give players 51.2% of basketball-related income for the 2011-12 season, the piece adds. Future revenue will be split based on whether income projections are above or below a midpoint, according to the article.