体坛英语新闻：NBA labor agreement reached

NEW YORK, Dec. 8 (Xinhua) -- National Basketball Association (NBA) owners and players ratified a new collective bargaining agreement on Thursday.

The agreement snapped a five-month lockout and ensures the 2011- 12 season will begin later this month.

With the deal ratified, free agency and training camps will open on Friday with a shortened 66-game regular season starting Dec. 25 with five games.