|
Both sides had agreed to the CBA earlier this
month. It 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.
Despite the plethora of changes, the CBA still requires players
to be at least 19 years old to enter the league. Lowering the
age requirement to 18 again was on the table, which would have
allowed players to enter the NBA right out of high school. But
the sides never reached an agreement on that, keeping the
"one-and-done" rule in place.
Had the sides not reached an agreement on the CBA earlier this
month, either party could have decided to opt out of the current
agreement, which would have caused the first major NBA work
stoppage since the 2011-12 season.
--Field Level Media
[© 2023 Thomson Reuters. All rights
reserved.]
This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content. |
|
