The NBA and the National Basketball Referees Association have reached a tentative agreement on a new seven-year deal that will run through 2022, league sources told Yahoo Sports.

Referees and the NBA have agreed to a new seven-year deal. (Getty) More

The union’s 60-plus referee membership will meet in Chicago on Thursday to vote on final ratification of the contract, sources told Yahoo Sports.

The NBA and the NBRA opened talks with a year left on the existing collective bargaining agreement, and will replace the final season of the current five-year agreement with terms on a new deal, sources told Yahoo Sports. The referees' new deal will include substantial raises for referees and the staffing of the league’s replay center in Secaucus, N.J., with refs, sources said.

The NBA will be generating significantly more revenue with a new $24 billion television contract beginning in 2016.