The sides have agreed to extend its mutual deadline to opt out of the existing CBA, which was Thursday at 11:59 p.m., to Jan. 13, 2017, to give them sufficient time to review terms and hold the separate votes required to ratify the seven-year deal, which contains an opt-out clause for both parties after Year 6.
The joint statement from the league and the union Wednesday night said specific deal terms would be released at a later date, but sources say that a prime feature of the new CBA is a number of measures designed to help teams retain their current stars.
The league's average salary is expected to jump from the $5 million range to nearly $9 million annually in the new CBA, with significant jumps planned for rookie-scale deals, minimum-salary contracts and some free-agent exceptions, including the mid-level exception.where to buy cheap sports jerseys from china
In addition to those planned hikes all over the salary scale, sources say teams will have the ability to offer designated veteran star players contract extensions up to five (and in some cases six) seasons in length, greatly enhancing the ability of small-market teams to retain its best players. Starting in July, teams such as Indiana and Sacramento will be able to offer lucrative long-term extensions toPaul George and DeMarcus Cousins, respectively, that are not currently possible, through a new set of rules modeled after the NBA's Designated Player Rookie Extension rules.
The annual split of basketball-related income, known as BRI, will remain at the current 49 to 51 percent, sources said. The same holds for early entry age for the NBA draft, which will remain 19 with the stipulation that American players must also be one year removed from high school to be draft-eligible.where to buy cheapest sports jerseys with free shipping
Maximum roster size, though, will rise from 15 to 17 players, with the extra slots earmarked for players on "two-way contracts" as seen in the NHL, which stipulate the player's salary is based on NBA minimums when the player is "up" and an estimated $75,000 when the player is on assignment in the NBA Development League.cheap sports jerseys
As ESPN.com reported earlier this month, significant changes to the regular-season schedule are forthcoming that are designed to reduce the number of back-to-back sets and four games-in-five-nights stretches that teams currently face. The 2017-18 season, sources say, will start in the Oct. 17-18 range, one week earlier than it did this season (Oct. 25).where to buy cheapest sports jerseys with free shipping
According to a report from USA Today, union officials will now handle negotiations with companies for player likenesses in licensing agreements. ESPN.com reported Saturday this had emerged as significant issue for the NBPA, which has sought control of licensing matters for years to mirror such arrangements in the NFL, Major League Baseball and the NHL. The NBA has handled licensing negotiations for the past three decades, while paying the union a flat fee in the millions to distribute among its membership. The league will remain in control of trademarks/logos and team name licensing rights.
This season is the first of a new nine-year, $24 billion television deal between the NBA, ESPN and Turner Sports. It's also the first labor deal negotiated by new NBA commissioner Adam Silver, who succeeded David Stern on Feb. 1, 2014, and new NBA Players Association head Michele Roberts, who replaced Billy Hunter in July 2014.cheap replica jerseys
ESPN.com first reported earlier Wednesday that the NBA and the union were on the brink of announcing the deal, which has been anticipated in league circles for weeks and is poised to deliver seven more years of labor peace.where to buy cheap sports jerseys from china
A deal to render the opt-out moot and snuff out any possibility of a lockout in the 2017 offseason has come together to beat that deadline despite New York Knicks star Carmelo Anthony telling ESPN's Ramona Shelburne over the weekend that he was "skeptical" a deal could be struck in time.where to buy cheapest sports jerseys with free shipping
The votes to ratify the new deal, which are likely to take place later this month for both league owners and active players, will be regarded as a formality once an agreement is reached.where to buy cheapest sports jerseys with free shipping
The sides have been meeting near-daily this month -- sometimes multiple times a day -- in hopes of getting the long-anticpated deal to the finish line.cheap replica jerseys
The league and union would actually have until June 30, 2017, when the current CBA expires, to hash out a new deal in the event either side opts out or talks collapse.
But even Anthony acknowledged, in raising his concerns to Shelburne about "a dent in conversations" that had unsettled talks "at the 25th hour," that he sides have been close to a deal for some time.where to buy cheap sports jerseys from china
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