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The collective bargaining agreement (CBA) of the National Basketball Association (NBA) is a contract between the league (the commissioner and the 30 team owners) and the National Basketball Players Association (NBPA), the players' union, that dictates the rules of player contracts, trades, revenue distribution, the NBA draft, and the salary cap, among other things.
Beginning in the 2017–18 season, the National Basketball Association added two-way contracts between NBA teams and their minor league NBA G League affiliates. Through the 2022–23 season, each team could offer two contracts per season to players with fewer than four years of NBA experience; [2] from 2023 to 2024, three such contracts per team are allowed. [3]
The NBA utilizes a soft salary cap, meaning there is a salary cap but there are a variety of exceptions that allow teams to exceed that cap. For example, teams can re-sign players already on the team to an amount up to the maximum salary allowed by the league for up to five years regardless of where their payroll is relative to the cap.
The NBA seems to want to make it easier for teams to keep their own guys … Under the current CBA, the most a team can offer a veteran player in an extension is 120% of his salary in the final ...
The agreement means the league will avoid a work stoppage, which was always an unlikely situation. The last major stoppage was in the 2011-12 season, which was reduced to 66 games.
The Lakers made the first shocking move of NBA free agency, signing Russian 7-footer Timofey Mozgov to a whopping four-year, $64 million contract.
In the National Basketball Association (NBA), a sign-and-trade deal is a type of transaction allowed by the collective bargaining agreement (CBA) where one franchise/team signs an unrestricted free agent or restricted free agent player to a new contract, only to then immediately trade him to another team of the player's choosing.
The NBA and the players' union announced late Monday night an agreement on the parameters for the 2020-21 season, including the number of games, start date, salary-cap figures and free agency key ...