The league and its players came to an agreement early Saturday on a new seven-year collective bargaining agreement, the NBA announced.
The deal will begin this summer and will last at least through the 2028-29 season.Among the details, per a person familiar with the negotiations who spoke to The Associated Press: the in-season tournament that Commissioner Adam Silver has wanted for years will become reality, and players will have to appear in at least 65 games in order to be eligible for the top individual awards such as Most Valuable Player.
The league and its players came to an agreement early Saturday on a new seven-year collective bargaining agreementBrooklyn Nets players celebrate during a game on Friday, March 31 at the Barclays Center.Another new part of the CBA will be a second luxury tax level that, when reached, will keep teams from using their midlevel exception to sign players.
Silver said Wednesday, at the conclusion of a two-day Board of Governors meeting, that he was hopeful of getting a deal done by the weekend. The sides originally had a Dec. 15 deadline to announce an intention to exercise the opt-out, then pushed it back to Feb. 8, then to Friday.
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