NBA labor agreement reached

 　　NEW YORK, Dec. 8 (Xinhua) -- National Basketball Association (NBA) owners and players ratified¹ 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.

1 ratified   

v.批准，签认（合约等）( ratify的过去式和过去分词 )

参考例句：

• The treaty was declared invalid because it had not been ratified. 条约没有得到批准，因此被宣布无效。
• The treaty was ratified by all the member states. 这个条约得到了所有成员国的批准。