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The NBA will have labor peace for years to come.
The league and its players came to an agreement early Saturday on a new seven-year collective bargaining agreement, the NBA announced. It is still pending ratification, though that process is almost certainly no more than a formality.
The deal will begin this summer and will last at least through the 2028-29 season. Either side can opt out then; otherwise, it will last through 2029-30.
Among the details, per a person familiar with the negotiations who spoke to The Associated Press: the in-season tournament that Commissioner Adam Silver has wanted for years will become reality, and players will have to appear in at least 65 games in order to be eligible for the top individual awards such as Most Valuable Player. The person spoke on condition of anonymity because neither the league nor the National Basketball Players Association released specifics publicly.
Another new part of the CBA will be a second luxury tax level that, when reached, will keep teams from using their midlevel exception to sign players.
