The NBA officially has labor peace through 2030.
The league and National Basketball Players Association (NBPA) signed the new seven-year collective bargaining agreement on Wednesday.
It takes effect on Saturday and runs through June 30, 2030.
The sides ratified the CBA in April.
The new CBA features a number of major changes, including an in-season tournament where players on the winning team would each earn $500,000. There will also be a new luxury-tax level, preventing midlevel exceptions being used in free agency.
Players will also have to reach the 65-game plateau in order to win league awards, including MVP.
Marijuana restrictions have been eased as part of the new CBA, as cannabis will no longer be one of the drugs included in the anti-drug testing program. Players also have the ability to invest in cannabis companies, in addition to sports betting companies.
–Field Level Media
NEW YORK — RJ Luis Jr scored 27 of his 29 points in the second half as top-seeded St. John’s pulled away for an 82-66 victory over second-seeded Creighton on…
KANSAS CITY, Mo. – Milos Uzan had scored a career-high 25 points to lead top-seeded Houston to a 72-64 victory over third-seeded Arizona in the championship game of the Big…
Kristaps Porzingis returned from a viral infection and scored 14 of his 24 points in the fourth quarter as the visiting Boston Celtics continued their recent dominance over the Brooklyn…
No. 2 Houston dispatches Arizona to win Big 12 tourney
Kristaps Porzingis’ return sparks Celtics past Nets
Duke’s Cooper Flagg (ankle) expected back for NCAA Tournament
No. 4 Florida removes all suspense, routs No. 5 Alabama in SEC semis
Field Level Media - Professional sports content solutions | FLM
