At long last, the NBA Lockout may be over. David Stern and Billy Hunter announced that the owners and players of the National Basketball Association have reached a tentative agreement on a Collective Bargaining Agreement, pending official approval of the players and litigators.
The announcement was made at 3:00 a.m. EDT on Saturday morning after more than 15 hours of negotiations between the players and owners. Under the new agreement, the NBA schedule would begin on Christmas Day with a triple header.
Stern had said there would not be a full season under any circumstances, and also said that this season - which has already been eaten into by the lockout - will have 66 games played per team. Players have reportedly agreed to accept a 49-51 split of basketball related income, but specifics of the deal have not been released.