Collective Bargaining Agreement

2023/24 All-NBA Teams Announced

The All-NBA teams have been announced for the 2023/24 season (Twitter link).

A total of 99 media members voted on the honors, with players receiving five points for a First Team vote, three points for a Second Team vote and one point for a Third Team vote. This year’s All-NBA teams are as follows:

First Team

Second Team

Third Team

Gilgeous-Alexander and Jokic were the only two unanimous First Team selections, receiving 99 of 99 possible votes. Doncic earned 98 First Team votes but was named to the Second Team on one ballot. Antetokounmpo (88), Tatum (65), Brunson (37), Edwards (3), and Durant (2) were the only other players to receive multiple First Team votes.

Others receiving votes and their point totals are the CelticsJaylen Brown (50), the ClippersPaul George (16), the SixersTyrese Maxey (16), the TimberwolvesRudy Gobert (12), the SpursVictor Wembanyama (11), the PelicansZion Williamson (11), the Magic’s Paolo Banchero (10), the KingsDe’Aaron Fox (9) the Heat’s Bam Adebayo (7) and the BullsDeMar DeRozan (1).

This is the first season that a minimum number of games was required to qualify for most postseason awards under the new Collective Bargaining Agreement. Among the stars who might have received All-NBA consideration if they had reached the 65-game threshold are Sixers center Joel Embiid, who was the 2023 MVP, along with Cavaliers guard Donovan Mitchell, Grizzlies guard Ja Morant, Knicks forward Julius Randle and Celtics big man Kristaps Porzingis.

This was also the first season that voting for the All-NBA team was positionless, though that didn’t have a huge impact on the results, as the top two teams still feature two guards, a pair of forwards, and a center. The Third Team is made up a center, three guards, and just one forward.

Wembanyama, who received two votes for the Second Team and five for the Third Team, was the only rookie named on any of the ballots. Earlier this week, he became the first rookie to earn a spot on an All-Defensive First Team.

The Lakers with Davis and James and the Suns with Durant and Booker were the only teams to have multiple players honored. They were both eliminated in the first round of the playoffs.

Several players became eligible for salary increases or earned a bonus by achieving All-NBA honors. Read more here.

And-Ones: Harrison, Bennett, New CBA, Hill

Former NBA journeyman point guard Andrew Harrison has a new international address. He has agreed to a contract with Greek team PAOK BC, per Eurohoops.

The Kentucky alum was selected with the No. 44 pick in 2015 and enjoyed stints with the Grizzlies, Cavaliers and Pelicans from 2016-19. Across 145 career NBA games, the 6’6″ guard holds averages of 7.0 PPG, 2.8 APG, 2.0 RPG and 0.7 SPG in 20.6 MPG.

Harrison also suited up for the G League affiliates of the Timberwolves, Warriors and Bulls. He has been playing abroad off and on since 2019, including stints in Russia, China, and Turkey.

There’s more from around the basketball world:

  • Anthony Bennett, the No. 1 overall pick in the 2013 draft, has agreed to a contract with South Korean club the Goyang Sono Skygunners, according to Emiliano Carchia of Sportando. Carchia notes that Bennett averaged 22.6 PPG and 12.2 RPG while playing for Taiwan’s Hsinchu JKO Lioneers in 2022/23. Across 151 NBA contests with the Cavaliers, Timberwolves, Raptors and Nets, the 6’8″ power forward holds averages of 4.4 PPG, 3.1 RPG, and 0.5 APG.
  • The league’s fresh Collective Bargaining Agreement could help the NBA achieve even more significant parity than it has enjoyed in years, writes Tim Bontemps of ESPN. As Bontemps notes, five different clubs have won the title in the past five seasons. Only once before in NBA history has that happened. The new CBA is especially punitive towards teams that go way above the luxury tax line in terms of certain team-building mechanisms, and was created to disincentivize teams from spending beyond the second luxury tax apron. “I think people are going to be more cost conscious in roster building,” a front office executive told Bontemps. “You’re just not going to give away max contracts to above-average starters who are not max-level players.”
  • During a new interview with Marc Stein on his podcast The Saturday Stein Line, USA Basketball managing director Grant Hill indicated that he perceives a lack of appreciation for international competition stateside. “There’s maybe in a way a lack of appreciation for the international game here in the U.S.,” Stein said (hat tip to HoopsHype for the transcript). “And what I mean by that is that it’s hard, like it’s not easy… It’s not the original Dream Team where you steamrolled the competition. The rest of the world has improved, and the talent level has increased. And it’s a game that they are more familiar with the game, is officiated differently, and the rules are different.”

How New CBA Has Impacted Summer Roster Moves

The restrictions placed on teams above the second tax apron in the NBA’s new Collective Bargaining Agreement didn’t dissuade the Suns from further increasing their payroll in both the short and long term by acquiring Bradley Beal and his four-year, maximum-salary contract. However, the effects of the new CBA were felt by several of the league’s other top spenders, as ESPN’s Bobby Marks, Kevin Pelton, and Tim Bontemps outline in an Insider-only story.

Bontemps points out that the Clippers‘ decision to waive Eric Gordon before his 2023/24 cap hit became guaranteed saved the club $100MM+ in salary and tax penalties. Gordon ended up signing with the rival Suns, which wasn’t an ideal outcome for L.A.

The Celtics, meanwhile, were in position to keep Grant Williams at a fairly reasonable rate, but opted to sign-and-trade him to Dallas rather than bring him back on a four-year deal worth around $14MM per year.

The Warriors reduced their future financial commitments by trading Jordan Poole and his lucrative new four-year extension in a deal for Chris Paul, who is on a pseudo-expiring contract (his 2024/25 salary is non-guaranteed).

As Bontemps writes, forcing high-payroll teams to make difficult decisions on role players was exactly what the NBA intended when it introduced a more punitive second tax apron in the new CBA. Even the Suns, Bontemps notes, were impacted a little by those new rules, given that they opted to fill out their roster with minimum-salary players rather than using their Early Bird rights to re-sign some of their own free agents, like Torrey Craig and Jock Landale.

Here are a few more ways the new Collective Bargaining Agreement has influenced roster moves around the league this summer, per ESPN’s trio:

  • The new CBA requires teams to spend at least to the minimum salary floor (90% of the cap) before the regular season begins — if they don’t, they’ll forfeit a portion of their share of the end-of-season luxury tax payments (50% in 2023/24; the entire amount in future seasons). As a result, all eight teams that operated under the cap in July have already reached the minimum floor, as Bontemps and Marks observe. Free agents across the board didn’t necessarily reap the benefits of that change, since several teams used their cap room in other ways (trades, renegotiations, etc.), but Bruce Brown was one beneficiary, Pelton writes. The Pacers were able to get Brown on a short-term contract (two years with a second-year team option) by making him their highest-paid player ($22MM) for 2023/24.
  • The new second-round pick exception looks like a win for both teams and players. According to Marks, this year’s second-round picks have received a total of $47.1MM in guaranteed money so far, up from $36.4MM in 2022. And because the second-round exception requires a team option in either the third or fourth year, there’s no longer a risk for teams of losing a second-rounder to unrestricted free agency (the way the Mavericks lost Jalen Brunson).
  • The Kings and Thunder took advantage of the fact that the room exception for under-the-cap teams was upgraded to allow for a third year (instead of just two) and a much higher starting salary (it got a 30% bump, separate from its year-to-year increase). In past seasons, Sacramento and Oklahoma City wouldn’t have been able to sign Sasha Vezenkov and Vasilije Micic to three-year contracts worth between $6-8MM per year without using cap room (or the mid-level exception for over-the-cap teams) to do so. This year, they were able to use that cap space in other ways.
  • The Cavaliers and Rockets took advantage of more lenient salary-matching rules for non-taxpaying teams to give Max Strus and Dillon Brooks bigger starting salaries than they previously would have been eligible for based on the outgoing salaries involved in those sign-and-trade deals.
  • Hawks guard Dejounte Murray and Kings center Domantas Sabonis were the first two players who took advantage of the fact that veterans signing extensions can now receive a first-year raise up to 40% instead of 20%. It’s possible neither player would have agreed to an extension this offseason without that rule tweak. Knicks forward Josh Hart could be the next player to benefit from that change, according to Marks.

And-Ones: J. Van Gundy, J. Rose, Two-Way Rules, Free Agents

The NBA broadcasts on ESPN and ABC will look a little different next season, according to Andrew Marchand and Ryan Glasspiegel, who report in a pair of stories for The New York Post that the network is letting go of game analyst Jeff Van Gundy and studio analyst Jalen Rose as part of a series of layoffs.

According to The Post’s reporting, ESPN is letting go of about 20 on-air personalities in a cost-cutting move. Van Gundy and Rose had both been earning millions per year in their roles on the network’s marquee broadcasts. Rose was generally on the panel for pregame and halftime shows, while Van Gundy was part of ESPN’s and ABC’s top TV broadcast team alongside play-by-play man Mike Breen and fellow analyst Mark Jackson.

According to The New York Post, JJ Redick, Doris Burke, and Richard Jefferson are among the top candidates to replace Van Gundy on the top ESPN/ABC broadcast team.

Here are a few more odds and ends ahead of a busy NBA weekend:

  • The NBA’s new Collective Bargaining Agreement includes a rule change that will be informally known as the “Harry Giles III rule,” writes Chris Haynes of Bleacher Report. As Haynes explains, the tweak will allow a player to sign a two-way contract if he has four years of NBA service but missed an entire season during those four years due to an injury. Previously, players with four years of NBA service were ineligible to sign two-way deals even if they hadn’t actually played in NBA games during each of those four seasons (a player earns a year of service if he’s on a standard or two-way contract for at least one day during the regular season). Giles is among the players who fits this bill, having missed his entire rookie season in 2017/18.
  • In an Insider-only article for ESPN.com, Bobby Marks takes a shot at projecting the starting salaries for all of this year’s free agents, from Kyrie Irving ($38-40MM) and Fred VanVleet ($30-35MM) all the way down to the probable minimum-salary recipients.
  • Chris Herring of SI.com identifies nine players who could benefit most from a change of scenery this summer, in his view. Herring’s list includes some unsurprising picks like Damian Lillard and Deandre Ayton, as well as some outside-the-box choices such as Jarrett Allen.

NBA, NBPA Sign, Publish New Collective Bargaining Agreement

Just 48 hours before the start of 2023 free agency, the NBA and National Basketball Players Assocation announced today that they’ve signed and published the league’s new Collective Bargaining Agreement, which will go into effect starting this weekend for the 2023/24 league year (Twitter link).

The new CBA will run through the 2029/30 season, though both sides will have an opt-out deadline of October 15, 2028. If either side opts out, the agreement will terminate on June 30, 2029.

The full CBA can be found right here. It’s a 676-page document, representing a major expansion on the 2017 Collective Bargaining Agreement, which covered 598 pages.

For those who are interested in the league’s CBA changes but not eager to wade through 676 pages of legalese, the NBA and NBPA have also published a nine-page summary of the highlights.

We’d been keeping tabs on several of the most notable CBA changes in our own tracker in recent months as they were reported, but will defer to the official documents from here on out.

And-Ones: Mannion, Qualifying Offers, 2024 Draft, D-Lo, Hayward

Former Warriors guard Nico Mannion is signing with Baskonia in Spain, Emiliano Carchia of Sportando tweets, calling it a done deal. Mannion played the last two seasons in his home country of Italy with Virtus Segafredo Bologna. He played 30 games with Golden State during the 2020/21 season after being drafted in the second round.

Because the Warriors issued a two-way qualifying offer to Mannion in 2021 and again in 2022, they still control his RFA rights in the event that he decides to return to the NBA. That would change if they decide not to extend that QO this year or in a future season.

We have more news from around the basketball world:

  • Good news for restricted free agents in future seasons — there’s a 10% increase in qualifying offers that teams must make to those players or else they become unrestricted. However, according to Mike Vornukov of The Athletic (Twitter link), it doesn’t apply to restricted free agents this summer — instead, the stipulation in the new CBA begins with this year’s rookie class. In another tweak, offer sheets for future restricted free agents will have a new deadline. If a team that has to make a decision on whether to match an offer sheet receives it before noon ET, that team has until 11:59 p.m. ET the next day to match. If it’s received after 12 p.m. ET, that team has until 11:59 pm ET two days later.
  • Now that the 2023 draft is behind us, what might the 2024 draft look like? ESPN’s Jonathan Givony and Jeremy Woo provide an early glimpse of next year’s draft class, doing a mock draft that includes both rounds. They predict G League Ignite guards Ron Holland and Matas Buzelis will be the first players off the board.
  • With the Lakers drafting Jalen Hood-Schifino, it may decrease the possibility they will try to re-sign free agent D’Angelo Russell, Cydney Henderson of USA Today writes. Gordon Hayward‘s future with the Hornets is very much in doubt with the addition of forward and No. 2 pick Brandon Miller, Henderson also notes.

And-Ones: Whitmore, Mavs, Blazers, Summer League, CBA

In conversations with sources around the NBA, John Hollinger of The Athletic noticed two reasons being frequently cited to explain Cam Whitmore‘s draft-night slide from possible top-five pick to being selected at No. 20 by the Rockets.

According to Hollinger, some teams red-flagged Whitmore’s medicals due to concerns about his knees. Clubs were also underwhelmed by his pre-draft workouts and interviews, with one source who spoke to Hollinger using the descriptor “comatose.”

Within his post-draft wrap-up, Hollinger also praised the Mavericks for the modest price they paid to move off Davis Bertans‘ contract in one salary-dump trade (moving down from No. 10 to 12) relative to the nice return they got for accepting Richaun Holmes‘ contract in a second salary-dump deal (the No. 24 pick, which became Olivier-Maxence Prosper).

Additionally, Hollinger believes the Trail Blazers no longer need to “cower in fear” about the possibility of Damian Lillard requesting a trade, since the duo of Scoot Henderson and Shaedon Sharpe looks like the team’s backcourt of the future and is a strong foundation to build around. Whatever happens with Lillard going forward figures to have a ripple effect on Anfernee Simons, according to Hollinger, who notes that it’s probably untenable to have Simons making $20MM per year in Portland as a fourth guard.

Here are more odds and ends from around the NBA:

  • Assuming they suit up in Las Vegas, the top two picks in the draft will go head-to-head on the first day of the Vegas Summer League. As Tim Reynolds of The Associated Press writes, the Spurs (Victor Wembanyama) and Hornets (Brandon Miller) are scheduled to face one another on July 7. Reynolds also provides details on some of the other most notable matchups on the newly announced Summer League schedule.
  • Breaking down the restrictions that teams above the NBA’s new second tax apron will face beginning next offseason, cap expert Albert Nahmad tweets that those clubs won’t be permitted to trade for a player who was previously acquired via sign-and-trade.
  • While details on the new Collective Bargaining Agreement keep trickling out publicly and teams have seen the term sheet, the NBA has yet to distribute the full CBA to clubs, tweets Jake Fischer of Yahoo Sports. The CBA set to take effect when the new league year begins next Saturday (July 1), so the league is taking it down to the wire. According to Eric Pincus of Bleacher Report (Twitter link), the NBA had hoped to have the CBA completed in full by Monday of this week.

And-Ones: CBA Changes, Free Agents, Las Vegas, Holland

Players signed using the newly created cap exception for second-round picks that will be included in the NBA’s Collective Bargaining Agreement won’t count against the cap until July 31, Keith Smith of Spotrac reports (Twitter links).

In the past, teams looking to maximize their cap room have sometimes put off signing their second-round picks, since those players don’t have a cap hold until they sign. However, as Smith explains, the new rule will allow those players to sign immediately without affecting a team’s cap space for the first month of free agency. That will allow them to fully participate with their new teams in Summer League play.

According to Smith, the second-round pick exception will allow teams to sign players to three- or four-year contracts with team options in the final season. It will also give second-round draftees the opportunity to earn more than the rookie minimum in the first season (for three-year deals) or in the first two seasons (for four-year deals).

Here are more odds and ends from around the basketball world:

  • Yossi Gozlan of HoopsHype has another minor update on the new CBA, tweeting that the extend-and-trade restrictions will be loosened beginning in 2024 to allow for an extra year and a higher salary. Currently, an extension-eligible player who is traded must wait six months to sign a new deal that places him under contract for more than three total seasons (including his current deal) or features more than a 5% raise.
  • John Hollinger of The Athletic shared his top free agent point guards, shooting guards, small forwards, power forwards, and centers based on his BORD$ formula. Among Hollinger’s most interesting rankings? Nikola Vucevic at sixth among centers, one spot behind Dwight Powell; and Rui Hachimura at 14th among power forwards, behind players like Trey Lyles and Oshae Brissett.
  • Sports and entertainment venue developer Tim Leiweke, the CEO of Oak View Group, spoke last week about his plans to build a 20,000 seat, NBA-ready arena as part of a massive Las Vegas development project that has a $10 billion budget and will be entirely privately financed. Howard Stutz of The Nevada Independent has the story, including the quotes from Leiweke.
  • Five-star recruit Ron Holland has officially signed with the G League Ignite, according to a press release from the team. We first covered Holland’s commitment to the Ignite last month.

And-Ones: Hard Cap, New CBA, All-Star Game, Top FAs

NBA teams become hard-capped at the tax apron when they either acquire a player via sign-and-trade, use more than the taxpayer portion of the mid-level exception, or use the bi-annual exception. According to Eric Pincus of Bleacher Report (Twitter link), there will be a fourth way that clubs can hard-cap themselves next season — they won’t be able to spend above the first tax apron if they take back more than 110% of the salary they send out in a trade during the 2023/24 league year.

In a full story for Bleacher Report, Pincus takes a more comprehensive look at which teams will be most impacted by the increased spending restrictions that will be implemented starting next season as a result of the new Collective Bargaining Agreement.

While it’s no surprise that the Warriors and Clippers will be among the clubs most adversely impacted, Pincus also names the Hawks, Pelicans, and Heat that will have to be careful about their team salaries going forward. A Pelicans team source tells Bleacher Report that there’s “a zero percent chance” New Orleans will be able to keep its entire core intact through 2025/26, with young players like Trey Murphy, Herbert Jones, and Jose Alvarado due for raises in the coming years.

Here are more odds and ends from around the basketball world:

  • Appearing on NBA Countdown on ESPN prior to Game 3 of the Finals (YouTube link), commissioner Adam Silver didn’t close the door on the possibility of the league pitting a U.S. team against an international team in the All-Star Game down the road. As Silver explained, the NBA has historically shied away from that idea due to the imbalance in the two player pools, but the recent success enjoyed by international stars has put it back on the league’s radar.
  • John Hollinger of The Athletic ranks the top 25 free agents of 2023 using his BORD$ formula, with Kyrie Irving, James Harden, and Fred VanVleet leading the way.
  • The NBA is considering using technology to automate out-of-bounds and goaltending calls late in games and will test that technology in this July’s summer leagues, NBA president of basketball operations Byron Spruell confirmed this week (link via Tim MacMahon of ESPN.com). Spruell added that the league hopes to eventually have its referees focusing more on subjective rulings than the objective ones that could become automated.

And-Ones: Expansion, Free Agency, Adelman

NBA commissioner Adam Silver made his latest statement on the possibility of expansion during an interview Sunday on NBA TV (video link).

Silver has repeatedly said that the idea of adding teams won’t be considered until after the 2024/25 season. The league wanted to get its new Collective Bargaining Agreement in place, which has been done, and negotiate its new media rights deal before thinking about expanding.

“I think it makes sense over time, if you’re a successful organization, to continue to grow,” Silver said. “There’s no doubt there are a lot of great cities we’re interested in having in the NBA.”

Here are some other odds and ends from around the basketball world:

  • Lakers guard Austin Reaves is among the upcoming free agents who boosted their value during the NBA playoffs, writes Frank Urbina of HoopsHype. Reaves was already headed for a big payday, but his importance to the team was on display during L.A.’s run to the Western Conference Finals. Reaves will be restricted, so the Lakers can match an offer from another team, and Urbina believes he might get more than the $52MM over four years that L.A. can offer before he explores the market. Lakers forward Rui Hachimura, Heat guard Gabe Vincent, Clippers guard Russell Westbrook, Nuggets swingman Bruce Brown, Nets forward Cameron Johnson and Suns center Jock Landale also make Urbina’s list.
  • James Harden and Kyrie Irving are the top names on HoopsHype’s updated list of this year’s best free agents. The former Nets teammates will be the most-watched players on the market this summer, with Harden rumored to be interested in returning to Houston and Irving possibly not a lock to re-sign with Dallas. Kristaps Porzingis, Fred VanVleet and Khris Middleton round out the top five. The same five players are at the top of a free agent list compiled by Alex Kennedy of Heavy.com.
  • The National Basketball Coaches Association announced Sunday that Rick Adelman is this year’s winner of the Chuck Daly Lifetime Achievement Award, per Tim Reynolds of The Associated Press. Adelman ranks 10th in career coaching wins with 1,042 and reached two NBA Finals with the Trail Blazers.“Chuck was a great coach and respected by all those who coached against his teams,” Adelman said. “To receive an award like this I have to thank all those who helped me along the way, in particular my assistant coaches and front offices. I would also like to thank the players I had through the years. Their effort and cooperation made everything I did possible. Good players make coaching much easier.”