12-05-2023 15:25 via netnewsledger.com

NBA and players finalize new collective bargaining agreement

After reaching a tentative deal in the early hours of April 1, the NBA Board of Governors and the National Basketball Players Association formally approved their collective bargaining agreement in the final days of April.
Similar to the present arrangement, the seven-year pact will start on July 1 and go through the 2029–30 season with a mutual opt-out after year six. The new agreement has a number of standout features, including an in-season tournament, a second luxury tax apron that affe
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