Adam Silver is finalising a contract extension to remain as commissioner of the NBA.
The agreement, which is expected to extend "through the end of the decade," was first reported on Saturday by Adrian Wojnarowski of ESPN.
Silver is nearing his 10-year anniversary as the league's commissioner, taking over for former Commissioner David Stern on February 1, 2014.
This would be the second extension for Silver, who also was approved by the league's owners for one in June 2018. His current one runs through the end of this season's NBA Finals.
The 61-year-old Silver oversaw the most recent CBA and has helped the NBA enjoy remarkable growth.
Under Silver, the NBA has introduced the Play-In Tournament, as well as the In-Season Tournament, which debuted this season. He also helped navigate the league through the COVID-19 pandemic, bringing 22 teams into a bubble near Orlando, Florida to complete the 2019-20 season.