Follow usNBA commissioner Adam Silver is on the verge of finalizing a contract extension that is expected to keep him in his role until 2030, as reported by ESPN on Saturday night. The prospective deal ensures that Silver will maintain oversight of the league during critical periods, such as negotiations for a new media rights agreement and potential expansion. Notably, Silver is known for his close collaboration with team owners, management, and players, distinguishing him from his predecessor, David Stern.
At 61 years old, Silver concluded formal negotiations with the board of governors to secure the extension. Over his nearly 10-year tenure as NBA commissioner, Silver has introduced significant changes, including the establishment of the NBA in-season tournament and alterations to the draft lottery aimed at discouraging teams from intentionally losing to secure top draft picks.
In March of 2023, Silver, alongside the National Basketball Players Association, finalized a new collective bargaining agreement, ensuring labor peace for at least the next five years. The agreement also featured a revamped salary cap system, promoting competitive balance between smaller-market and larger-market teams across the league.
Silver earned acclaim for his adept handling of the COVID-19 pandemic, suspending the 2019-20 season, which eventually resumed in a controlled environment, known as the “bubble,” in Orlando, Florida. Prior to his appointment as league commissioner, Silver served as the NBA’s deputy commissioner for eight years. Following David Stern’s resignation on February 1, 2014, Silver became the unanimous choice to succeed him.
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