NBA, players union reach new CBA that could include new in-season tournament
The NBA and National Basketball Players Association secured labor peace with an early-morning deal.
The two sides reached an agreement on a new collective bargaining agreement Saturday. It’s a seven-year deal through the 2029-30 season with an opt-out after six seasons, a person familiar with details of the agreement told USA TODAY Sports.
They requested anonymity because they were not permitted to speak publicly until the deal is ratified.
“The NBA and National Basketball Players Association have reached a tentative agreement on a new Collective Bargaining Agreement, pending ratification by players and team governors. Specific details will be made available once a term sheet is finalized,” the NBA and NBPA said in a joint statement.
Let’s take a look at some details and what it means for the league and its players:
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System changes to salary cap, spending
The NBA’s aim to limit high-dollar spending by teams (such as Golden State, Los Angeles Clippers, Brooklyn) was achieved by installing a second salary-cap apron ($17.5 million over the luxury tax line) that will prohibit teams above that dollar amount from using the taxpayer midlevel exception to sign players.
decided to keep the one-and-done rule in the next collective bargaining agreement.
The rule that will remain in place: “A player must be 19 years of age by the date of said draft. NCAA players are considered eligible after playing at least one year at their respective college/university or school,” according to the league.
Who is responsible for getting a deal done?
Silver and NBPA executive director Tamika Tremaglio have formed a solid working relationship with both sides understanding that is the league prospers, the players also prosper. NBPA president C.J. McCollum of the New Orleans Pelicans had an active role in player representation, and lawyers Dan Rube of the NBA and Ron Klempner of the NBPA are well versed in line-item actions of a complex agreement.