The N.B.A. and Its Players’ Union Reach a Tentative Labor Deal

The league announced the deal in a tweet at 2:59 a.m. Saturday. The parties had agreed to extend the midnight deadline for either side to opt out of the current agreement, which has been in effect since 2017.

Had the sides not agreed or come close by Friday, the league intended to exercise the opt-out clause, according to Commissioner Adam Silver. That would have caused the current collective bargaining agreement to expire on June 30 instead of next year, compressing the time the sides would have had to avoid a work stoppage.

The N.B.A. has not had a work stoppage since the lockout in 2011, which delayed the start of that season until Christmas.

This deal is the first negotiated by executive director Tamika Tremaglio, who began her tenure as the head of the union in 2021, and for CJ McCollum, the Pelicans guard who became its president in August of that year.

The second luxury tax tier appears to be a compromise from what the league had wanted. The league had been concerned that some teams were at too great of a disadvantage because a small number of them vastly outspent the others through salary cap exceptions within the existing luxury tax system. This season, the Golden State Warriors and the Los Angeles Clippers are paying luxury taxes and spend far more on their star-studded rosters than any other team. To prevent that spending imbalance, the league had hoped to institute a fixed sum that teams could spend on salaries, but the union made clear early on that it would not accept any hard spending limit for teams.

Article source: https://www.nytimes.com/2023/04/01/sports/basketball/nba-collective-bargaining-agreement.html