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NBA to implement mid-season tournament

Feb 18, 2023; Salt Lake City, UT, USA; NBA commissioner Adam Silver at a press conference during the 2023 All Star Saturday Night at Vivint Arena. Mandatory Credit: Kirby Lee-USA TODAY Sports
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NBA owners and the National Basketball Players Association have agreed to a new seven-year Collective Bargaining Agreement, per NBA insider Adrian Wojnarowski.

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.”

Stay tuned for further updates. 

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