Adrian Wojnarowski confirms NBA and NBPA have signed new 7-year contracts

The NBA and NBPA have agreed to sign a new seven-year collective bargaining agreement, according to ESPN’s Adrian Wojnarowski.
That means the rest of the 2020s are placed between the league and the players’ union. The new CBA will have a mutual opt-out option after year six and will begin in the 2023-24 season, i.e. when the current CBA is scheduled to end.
Both sides had initially agreed to extend the early rejection deadline to Friday before reaching a new deal. Wojnarowski had previously reported that a new deal was imminent. The league confirmed the new deal early Saturday, with NBA governors and players expected to ratify it in the next few weeks.
•
Also read: Damian Lillard retired? The viral tweet has been debunked
Details of the new CBA between the NBA and the Players Association
Some details regarding the new collective bargaining agreement have been released by ESPN Adrian Wojnarowski. Here are some new terms from the latest CBA:
1. The NBA will seek to bring about equality between the teams. Such high-spending teams will have a second salary cap apron about $17.5 million above the luxury tax rate. Teams that will pass the second pay cap apron can no longer use the tax player average during the free agent period.
2. Load management has been an issue in the league for the past few seasons. Fans are beginning to be unhappy with the players being sidelined even if they are not injured. The new CBA now has 65 mandatory matches for stars who want to win the big individual prizes at the end of the season.
3. NBA will introduce a new league in the season that will probably start next season. It will be played in November and “cup matches” will be included in the 82-match regular season. Eight teams will advance to the knockout stages, while the two finalists will have one more regular game in their scheduled season.
4. All-Star players will benefit with a new rule regarding the upper limit on extensions. The new CBA is now at 140% compared to the 120% increase of the last deal. Some players expected to benefit from the new provision include Brown Jaylen of the Boston Celtics and Domantas Sabonis of the Sacramento Kings.
5. Teams now have an additional two-way contract slot, from two to three. Two-way contracts have been a hit, especially for teams with a knack for finding hidden gems from under-engineered free agents and the G League.
6. In what could be great news for players such as Kevin Durant, the use of marijuana is no longer prohibited under the new CBA. The drug was dropped from the tournament’s testing program in 2019, but it doesn’t look like there will be any future restrictions.