The NBA's board and representatives of its players' organization will meet on Thursday and an agreement on when and how the next season will be played is expected.

According to sources to ESPN, this is a shortened season that starts on December 22.

According to the plan, the season will be completely finished before the postponed summer Olympics, which kicks off in mid-July.

"Discuss players' salaries"

The NBA and the players 'union NBPA will also discuss the players' salaries and how to counteract the league's reduced income affecting the players.

The Los Angeles Lakers and LeBron James took home the league title as late as October.