The New NBA CBA
This past December ushered in a new era of business agreements between the NBA and NBAPA as a new collective bargaining agreement (CBA) was signed and ratified between the two parties. As a result, basketball operations continued as opposed to the NBA lockout that occurred in 2011 when players and owners could not agree on equal terms resulting in the 2011 NBA season being minimized by 16 games. The new CBA saw a heightened emphasis on player contracts and salary caps rises, due to the influx of TV sponsorships pumping immense amounts of cash into the pockets of the NBA and its players. “These increases will be felt across the entire payroll structure from rookies to seasoned veterans totaling more than a +45% minimum average increase in salaries in just the first year of the new agreement” (Brown, 1) This will bring the average player salary in the NBA to 10 million annually by the 2020–2021 season. In addition to the rise in player salaries, by the 2017–2018 season the NBA will see one to two roster spots added to each team in order to create depth and opportunity for more players to gain experience in an NBA jersey. Additional key factors to the new CBA see loosened free agency restrictions, less back to back games and an increase in player pensions and health care for retired players.
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