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New CBA Details
Posted on 6/28/23 at 4:40 pm
Posted on 6/28/23 at 4:40 pm
quote:
As part of the new CBA, teams are required to spend 90% of the salary cap ($122.4M) by the first day of the regular season. Starting next year, team that do not spend 90% by the first day of the regular season will not receive a tax distribution.
quote:
There will be a multitude of changes to the various exceptions NBA teams can avail themselves of each season.
>The value of the non-taxpayer midlevel exception will increase to 9.12 percent of the cap, a 7.5 percent increase from its value in the current CBA; that’s projected to be worth $12.4 million next season.
>The room midlevel will leap up 30 percent in value to 5.678 percent of the cap — it’s projected to be worth $7.7 million next season — and these contracts can now stretch up to three seasons, not just two.
>The taxpayer midlevel will be worth a projected $5 million next season — down from $6.479 million this season — and will increase proportionally with the cap; these contracts can only go a maximum of two seasons, down from three.
>Beginning with the 2024-25 cap year, teams will be able to use the non-taxpayer midlevel, the room midlevel or the bi-annual exception to acquire a player or multiple players in a trade or on a waiver claim, as long as that player’s contract doesn’t exceed the maximum length allowed by that exception. The exceptions, however, can’t be aggregated.
quote:
In addition to teams being allowed to have 3 players on two-way contracts instead of 2, the signing deadline for two-way contracts has been moved back from Jan. 15 to March 4
quote:
In Season Tournament
- 8 teams go to single-elimination (6 group winners and 2 wild-cards). - 22 teams that don't make knockout stage will have two games added to schedule. - 4 teams that lose quarterfinal games will have one game added to schedule. - Championship game won't count on a team record
quote:
Article VII, Section 2(f) of the new CBA:
Beginning with the 2024-25 Salary Cap Year, if a Team is a
Second Apron Team for a Salary Cap Year, then:
(i) the Team shall be prohibited from trading (either
conditionally or unconditionally) its first round draft pick in
the first NBA Draft that occurs following the seventh
Season that follows the Season occurring within such Salary
Cap Year; and
(ii) with respect to the four (4) Salary Cap Years immediately
following such Salary Cap Year:
(A) If the Team is a Second Apron Team for two (2) or
more of such four (4) Salary Cap Years, then such
first round draft pick shall be subject to a Draft Pick
Penalty; and
(B) If the Team is a Second Apron Team for fewer than two (2) of such four (4) Salary Cap Years, then, as of the day following the last day of the Regular Season encompassed by the third of such four (4) Salary Cap Years in which the Team is not a Second Apron Team, such Team shall be permitted to trade (conditionally or unconditionally) such first round draft pick. For clarity, such first round draft pick shall not be subject to a Draft Pick Penalty.
*Example: If Team A is a Second Apron Team for the 2024-25 Salary Cap
Year, then it would be prohibited from trading its 2032 first round draft pick (i.e., its first round draft pick in the first NBA Draft that occurs following the seventh Season that follows the Season occurring within such Salary Cap Year). If Team A is also a Second Apron Team for the 2025-26 and 2028-29 Salary Cap Years, then Team A’s 2032 first round draft pick would be subject to a Draft Pick Penalty.
Example: If Team B is a Second Apron Team for the 2024-25 Salary Cap
Year, then it would be prohibited from trading its 2032 first round draft pick. If Team B is not a Second Apron Team in the 2025-26, 2026-27, and 2027-28 Salary Cap Years, then Team B would be permitted to trade its 2032 first round draft pick as of the day following the last day of the 2027-28 Regular Season (and such first round draft pick would not be subject to a Draft Pick Penalty).*
LINK
We shouldn't get too attach to some of these players. We're going to have to make some tough decisions at some point.
This post was edited on 6/28/23 at 4:46 pm
Posted on 6/28/23 at 4:50 pm to supe12sta12z
This is great to avoid superteams, also you will start seeing alot less max contracts being handed out, and alot more guys on 20-25 million a year deals that would’ve gotten maxes before.
Posted on 6/28/23 at 5:15 pm to Soggymoss
quote:
In letter to players, NBPA says new CBA will "provide a projected $250M collective increase in salaries and benefits next season," and with new TV deal looming in 2025 and other revenue streams, "a very real hope that we might earn $50B in salaries and benefits over 7-year term."
Posted on 6/28/23 at 5:44 pm to supe12sta12z
quote:
As part of the new CBA, teams are required to spend 90% of the salary cap ($122.4M) by the first day of the regular season. Starting next year, team that do not spend 90% by the first day of the regular season will not receive a tax distribution.
I guess the old Sixers / Thunder plan of “keep cap space open to facilitate deals” may be dead. People will be pulling Knicks style shite and signing guys to overpriced contracts with a non guaranteed team option for years 2+.
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