Monday, June 20, 2005

New Collective Bargaining Agreement

The NBA and the Player's Association are on the cusp of solidifying a new CBA and therefore preventing a lockout. Very exciting.

Some highlights are:
-A 19 yr old age limit (therefore, unless in a unique circumstance, gauranteeing all players will complete atleast one year of college)

-A higher salary cap (making it easier to sign free agents and get rid of crap contracts)

-Now "super luxury tax" (for teams exceeding the cap)

-Only the first 2 years of rookie contracts are gauranteed, the rest are team options (so if you draft a bust of a player, you don't
have to commit for more than 2 years)

-All contracts would lose a year (so 8 year contracts become 7 I believe, it's either that or contracts from here forward can not exceed 7 years)

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