NBA and NBPA Agree on new CBA Deal

December 15, 2016

The NBA and National Basketball Players Association have agreed on a new collective bargaining agreement Wednesday night. The new seven-year deal includes a mutual opt-out clause in 2022. Citing sources, Wojnarowski, the NBA will shorten the preseason and start the regular season a week earlier to help space out the games and eliminate the number of back-to-back teams play. Also the luxury tax rules and the Basketball Related Income split that's 50-50 will not change. NBA.com's David Aldridge reported the value of the veteran minimum, rookie-scale, mid-level exception and biannual exception contracts will all increase in value. Average NBA salary is now estimated to be around $8.5 million. Another financial tweak will be the league's 36-and-over rule. Players previously could not sign five year maximum contract if their 36th birthday occurred within the lifespan of the contract, the age limit is now 38 years old. The main holdup revolved around "control over licensing and player likenesses" which the National Football League had a similar situation with their new CBA. Details of the deal are being release in the upcoming days. Stay tuned for more updates.

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