NBA owners and the National Basketball Players Association have agreed to a new seven-year Collective Bargaining Agreement, per NBA insider Adrian Wojnarowski.
Thank you for reading this post, don't forget to subscribe!The deal is expected to be officially ratified sooner rather than later, as little controversy is expected to be involved.
Inside the deal, seven agreements have been made, including:
- Mid-season tournament, sometime before Christmas
- In order to be eligible for end-of-season awards, players must play in at least 65 of the 82 games.
- The minimum age requirement remains at 19, or one year after high school graduation.
- Players will not be tested for marijuana use, nor will they ever be punished.
- A second tax bracket will be imposed on the highest spending teams, more specifically the Warriors and Clippers. On the other hand, teams in the middle of the pack, spending wise, will have expanded opportunities to spend more.
- Teams gain a third two-way contact spot.
- Veteran contract extensions can now start at 140% of the last year of the existing contract, up from the previous 120%.
NBA players such as Draymond Green from the Warriors have already begun sharing their thoughts on the new agreement. Green, who is impacted by the new tax, claims: “Lower spectrum teams don’t spend because they don’t want to.”
Players lose again…. Smh! Middle and Lower spectrum teams don’t spend because they don’t want to. They want to lose. So increase their spending capabilities, just to increase them. They continue to cut out the middle. And this is what we rushed into a deal for? Smdh! Never fails https://t.co/rFuSpxCJ8q
— Draymond Green (@Money23Green) April 1, 2023
Stay tuned for further updates.Â
