How NBA’s new collective bargaining agreement will impact this offseason and beyond
1 year, 5 months ago

How NBA’s new collective bargaining agreement will impact this offseason and beyond

New York Times  

The NBA Finals are over, and the NBA offseason is upon us. Updated financial figures for the 2023-24 NBA season nears the 10 percent maximum increase, league informed teams today: – $136 million salary cap, $2M higher than prior projection – $165 million luxury tax level, $3M higher than prior https://t.co/udaRDUBXRK — Shams Charania June 21, 2023 The penalties for teams that step past the second apron can be severe. If a team is above the second apron as of the last day of the regular season, starting with the 2024-25 cap year, then its first-round pick seven years out cannot be traded. If a team pulls off a trade between the end of the regular season and the start of the new cap year under the terms that are barred for teams above the first or second apron, it’ll also be hard-capped at the applicable apron level for the remainder of that salary-cap year and the one after that. The value of the non-taxpayer midlevel exception will increase to 9.12 percent of the cap, a 7.5 percent increase from its value in the current CBA; that’s projected to be worth $12.4 million next season.

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