The contracts of players with expiring contracts have been extended until Dec. 31 this year.
The board of the governors of the Philippine Basketball Association gave their nod on this move last Saturday during a meeting.
PBA commissioner Willie Marcial said all teams and players have been notified of the board’s decision in a memo that was drafted last Monday.
“Naglabas na kami ng memo kahapon, para ang mga players ay wala nang iisipin pa tungkol dito,” said Marcial during yesterday’s weekly online session of the Philippine Sportswriters Association Forum on Zoom and Facebook.
This move is expected to boost the morale of many players when they return to practices by next week.
A number of players, including a lot of big stars, will have expiring contracts by August 31.
There were also players who were left without contracts when the season was halted last March and after their deals expired in May.
Marcial said players, whose teams make it to the finals, will have their agreements stretched until January.
Among the players affected are veterans Asi Taulava and Cyrus Baguio, Sonny Thoss of Alaska, Magnolia’s Peter June Simon, and Davon Potts of Phoenix.
They all have six-month contracts before the pandemic forced the league to shut down.