NBA and Players Union Agree on New CBA
There will be no lockout this time around.
The National Basketball Association and the Players Union agreed to a new seven-year Collective Bargaining Agreement that will promote labor peace for the league for the foreseeable future.
The agreement puts down a hard salary cap on higher spending teams like the Warriors, Lakers and Celtics, with a second salary cap apron of $17.5 million in order to prevent richer teams from going nuts during free agency.
The new CBA is also said to create more trading and spending opportunities for lower rung teams. Stay tuned on that one.
The weirdest part of the deal is the addition of an in-season tournament, which for whatever reason would be added into the regular season schedule starting next year in the 2023-24 schedule. All 30 teams will participate until the final eight teams play single elimination in December.
All the games would count toward the 82-regular season game schedule. The Final Four and championship, would be held at a neutral site like Las Vegas with the championship regarded as an 83rd game added to the regular season schedule for two teams. What is the incentive of this? The winning team gets an additional $500,000.
Why have an in-season tournament when the entire point of the regular season is to build toward — you know — the actual postseason at the end of the schedule? That’s one of many questions that is leaving many scratching their heads.
An in-season NBA tournament is hilarious & pointless. Don’t know a single person who asked for that.
— Jake Gould (@jakegould10) April 1, 2023
P.J. Tucker in 2019 on an in-season tournament: "We're fighting for an NBA championship, I don't want to play for anything else. It's like a consolation or something? I don't know. You play games to win an NBA championship, period.” https://t.co/WkwzrGS5yB
— Adam Spolane (@AdamSpolane) April 1, 2023
NBA in-season tournament aside (which yes I’m pumped for and wrote about) I love the 65 game minimum. That’s 80% - feels right and overdue.
— x - E. Anthony (@orlmusic56) April 1, 2023
Really curious to see the small market trade exception rules. pic.twitter.com/xWAgziHaNf