There’s a good chance that the February 8 deadline for either the league or the National Basketball Players Association to opt out of the current Collective Bargaining Agreement will be pushed back once again, according to Tim Reynolds of The Associated Press.
NBA commissioner Adam Silver said during a press conference in Paris, France on Thursday that negotiations are ongoing. NBPA executive director Tamika Tremaglio was also in Paris for the Bulls-Pistons game but the negotiations were taking place in the U.S.
“Our colleagues are back in New York, negotiating as we speak,” Silver said. “They’ve been meeting all week, just going issue by issue and trying to work through those issues that separate us. I would say, though, that I think we start from a very strong foundation.”
The original opt-out date was December 15 but the league’s Board of Governors and the Players Association agreed to an extension.
“There’s a strong sense of partnership between the players and the league,” Silver said. “That doesn’t mean we don’t have disagreements.”
The current CBA, which went into effect in 2017, runs through the 2023/24 season. However, the league and the players’ union hold a mutual option to terminate that agreement at the end of the ’22/23 league year (June 30).
It’s expected that the new labor agreement will allow players to enter the draft straight out of high school. The current rule in which players must be 19 years old or be one year removed from high school was instituted in 2006.
The league’s owners have been pushing an “upper spending limit” that would significantly tighten the rules on how much teams can spend each year on their roster, effectively serving as a hard cap to replace the current luxury tax system.
9 thoughts on “NBA, NBPA Likely To Extend CBA Opt-Out Deadline”
Need a hard cap.
Not at all, in fact they need a softer cap. It’s BS that a team can lose players that they’ve developed to a hard cap.
If a team loses players they developed to a hard cap, they were either too frivolous with their money or they have multiple legit stars on their team.
These players are worked to the bone. They deserve a piece of the pie too. Some players only make 200-300 million over a 5-6 year span. Thats slave labor. In the great words of Charles Oakley “The NBA is run like a plantation”. All these owners do is sit around all day counting their money off the backs of minorities. Ticket prices, food, drink, parking all have to increase because the players just want to get paid a living wage and I don’t blame them
This guy apparently doesn’t understand how capitalism works lol… also #salty
This guy apparently doesn’t have his sarcasm meter turned on.
I think they can tighten up the higher spending limits but nothing extreme. Feels like the jump from high school will be a given.
The whole discussion is pretty much a canard. The luxury tax system works, more or less, as the real cap. Silver would likely love the bargaining process to be dominated by a meaningless discussion of a hard cap vs tweaking a luxury tax system that has essentially worked. That way they can avoid any of real issues, of things actually broke. There’s no shortage of them. Real free agency is disappearing. The draft system is so broke that gaming it is now the preferred strategy of a third of the league’s FO’s. The league’s war against defense has reached the point of devaluing offense. The officiating keeps getting worse, as they try to figure out if trying to defend is, in itself, a foul. But let’s discuss whether we should prohibit GSW from spending another 10 mm or just make them pay 50 mm in luxury tax for the right to do so.