The NBA and the NBPA have come to an agreement on a revised CBA, according to multiple reports.
The NBA and NBPA have reached an agreement on an amended CBA, sources tell @wojespn and me. Free agent negotiations will start at 6 PM on Nov. 20 and signings allowed at 12:01 PM on Nov. 22.— Tim Bontemps (@TimBontemps) November 10, 2020
The salary cap ($109.1 million) and luxury tax ($132.7 million) will remain the same next season. In future seasons, the cap and tax will increase by a minimum of 3 percent — and a maximum of 10 percent, sources said.— Tim Bontemps (@TimBontemps) November 10, 2020
As noted in Tim Bontemps’ tweets, the big news from a fan’s perspective is the establishment of the salary cap and dates for free agency. The only other date to finalize is the opening of the transaction window that would allow for trades and players and teams formally opting in or out of contracts. Woj has an update on that.
Talks on opening the NBA’s transaction window — trades, contract opt-ins and outs, etc. — are progressing toward firming a date two or three days prior to the November 18 draft, sources tell ESPN.— Adrian Wojnarowski (@wojespn) November 10, 2020
So with all this settled, we’re in for a wild ride over the next few weeks. Here’s what’s coming:
- Sunday/Monday, November 15/16: Teams can agree to trades, players and teams can exercise contract options
- Wednesday, November 18: 2020 NBA Draft
- Friday, November 20: Free agency begins
- Sunday, November 22: Players can sign contracts with new teams
- Tuesday, December 1: Training camps open
- Tuesday, December 22: 2020-21 NBA season tip-off
The one good thing about the extended dearth of offseason news means it’s all going to be compacted into a tiny window in late November. It’s going to be a lot of fun.