The NBA and NBPA have reached an agreement on an amended collective bargaining agreement (CBA), according to Adrian Wojnarowski.
Free agency will begin on Nov. 20 at 6 p.m., two days after the Nov. 18 draft, with signings allowed at 12:01 p.m. on Nov. 22.
The NBA’s salary cap and luxury tax level will remain the same at $109.140 million and $132.627 million, respectively, and in future seasons, those two numbers will increase by a minimum of three percent and a maximum of 10 percent, notes ESPN’s Tim Bontemps.
Talks on lifting the NBA’s transaction moratorium (trades, contract opt-ins and outs, etc.), which has been in place since the season first went on hiatus back in March, are progressing toward a possible date of two or three days before the draft, Wojnarowski also notes.
As it was agreed last week, the 2020-2021 NBA season will start on Dec. 22 and consist of a 72-game schedule with training camps beginning on Dec. 1.
The next month will be frenetic, but in this shortened and unprecedented offseason, it’s an all hands on deck situation to get things back up and running.
