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Owners and players ratify new deal

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NBA and NBAPA meeting today. Possibly could hear something if a deal is reached today.
 
Good to see. Guessing changes will just be to things like how teams can assign young players to the D League while retaining their rights, basketball academies, possible tweaks to the RFA system, tweaks/reset to the luxury tax system, a possible reset on the amnesty rule, and other minor tweaks
 
Woj:

After a Wednesday meeting in New York, the National Basketball Association and National Basketball Players Association have pushed close to a new Collective Bargaining Agreement, league sources told The Vertical.

NBA commissioner Adam Silver and NBPA executive director Michele Roberts have led negotiations over several months and now have moved the league to the cusp of a new multiyear CBA of labor peace, league sources said.

The owners and players believe a finalized deal is inevitable within the next few weeks, with sides already agreeing upon most of the major issues in the deal, league sources told The Vertical. There are still talks left on smaller provisions of the CBA, league sources said.

The NBPA will need its players to ratify a new deal, but union player leadership is eager to sell the rank-and-file on the terms of a deal that’s nearly complete in its negotiations, league sources said.

The NBA and its union will avoid a possible work stoppage in 2017. The NBA and NBPA have the ability to opt out of the current 10-year deal on Dec. 15, but a new agreement will be in place before then, league sources said.

The NBA’s 30-something stars – including NBPA president Chris Paul, vice president LeBron James and executive committee member Carmelo Anthony – will benefit from the changing of the 36-and-over rule that now prohibits players from signing a five-year maximum contract if their 36th birthday occurs within the life of the deal.

The NBA and union have tentatively agreed to change the rule to over 38, league sources told The Vertical, which would have significant financial implications for superstars in the twilight of their careers.

Among the principles in agreement, the NBA’s Basketball Related Income (BRI) split will remain unchanged in a new agreement, league sources said. The players receive a share in the range of 49 to 51 percent of the current BRI.

The NBA will raise rookie-scale, veteran minimum and free-agent exception deals in the new agreement, league sources said. Rises in those salaries could come in the 50 percent range over current numbers, sources said.

The NBA will keep its “one-and-done” rule with college basketball, retreating on its original desire to make college players wait two years after high school graduation to become eligible for the NBA draft, league sources said. Two-way contracts between the NBA and NBA Development League will offer teams the chance to add 16th and 17th roster spots, and pay players differently based upon their assignments in either the league’s minor league or as part of the parent team, league sources said.

http://sports.yahoo.com/news/sources-nba-players-association-push-closer-to-new-cba-224612785.html
 
Players across all levels benefit:

The true legacy superstars that take care of their bodies get a longer/higher earnings potential with 36 and over rule bumping up to 38 and over.

The NBA "middle class" is already wealthy and healthier than ever as witnessed by this summers deals and bumps to the MLE and rookie scale improves that even more.

The youngest players and the vet min ring chasers both get some more perks.
A raise to the vet minimum and up to two more roster spots simply creates more jobs in a league where even the lowest paying jobs are higher than their NFL, MLB, and NHL counterparts.

Will wait to see the full deal and precise numbers to comment on the ways this can hurt or help the Cavs over the next 3-6 years but it's safe to say that LeBron will be getting that highest NBA contract ever in two years when he re-ups for a full five years at the max which the new under-38 rule so perfectly allows him to do.
 
Simon said:
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Not a player I can see us wanting to amnesty as we'd still be well above the cap and doing it just to save money is not a Dan Gilbert/LeBron move.

If Riley gets hamstrung by no new Amnesty in regards to Bosh, I'd love that.

I suppose we could have benefitted from amnestied players coming here but we would have still been in competition with other teams for those players, in regards to both contract terms and playing time.
 
I cant imagine a CBA that is bad for the cavs being agreed on. With high levels of influence on both sides of the table. It would be great if it were bad for the warriors though. They need to do something to increase the parity though, the tanking teams are just not bouncing back, well mainly the sixers
 
Well it's nice to see that The Banana Boat Crew found a way to get themselves some 5 year maxes near the end of their deal if Woj's tweets hold any weight.

"Over 38"...you did it, guys.
 
Just Checkin said:
Well it's nice to see that The Banana Boat Crew found a way to get themselves some 5 year maxes near the end of their deal if Woj's tweets hold any weight.

"Over 38"...you did it, guys.
Click to expand...

Actually by the time Melo and Wade are next up for FA, that rule will apply to them and they won't be able to sign 5 year deals

Definitely works out well for LeBron and CP3 though and whichever younger stars can stay elite well into their thirties
 
So there is a good chance we won't see another lockout during the LBJ era. Good news if true. Every game counts. The hunt for Kareem will continue.
 
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