The National Basketball Association (NBA) and the League Players Union (NBPA) have agreed to the terms of a new collective bargaining agreement, according to the union’s website.
As noted by ESPN, the contract is designed for seven years and will come into effect from the start of next season. Final details of the deal were hammered out by NBA commissioner Adam Silver, NBA general manager Tameka Tremallo and negotiators from both sides, including the union’s Ron Klempner. Club owners and players are expected to ratify the deal in the near future.
To qualify for end-of-season awards such as Most Valuable Player (MVP), basketball players must play at least 65 games per season.
In the 2023/24 season, there are plans to hold an additional tournament with playoff matches and the Final Four, which could be hosted by Las Vegas. Every game in this tournament will count towards the regular season standings; the two finalists will play 83 games in the regular season. The winning team will receive an additional cash prize.
The number of slots for bilateral contracts has been increased from two to three per team.
Source : MatchTV
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