NBA and NBA Players Association reach tentative deal on new collective bargaining agreement
New York TimesThe NBA and National Basketball Players Association reached a tentative deal on a new Collective Bargaining Agreement, the two sides announced in the early hours of Saturday morning. The new CBA will add a second tax apron that, when reached, will eliminate a team’s taxpayer mid-level exception, and give teams a third two-way contract via cap exception. By giving a third two-way spot, this gives teams a chance to look at more young players, but it should also retain roster spots for veterans who could now potentially keep their place because the team used a two-way deal to look at a rookie instead of one of the 15 roster spots. National Basketball Players Association executive director Tamika Tremaglio told The Athletic in February that the new CBA was a top priority though also made it clear that the players union would be fine with continuing with the status quo for another season if need be as it considered whether to opt out.