Live broadcast on December 10 according to Woj, sources revealed that NBA and the players’ union had reached an agreement to postpone the deadline for jumping out of the current labor agreement.
The current labor agreement expires in the summer of 2024. Both the league and the players’ union have the right to jump out of the contract next summer, but the deadline for both parties to exercise this right is 15th day of this month. At present, this deadline has been postponed and may be postponed until next February.
NBA is currently proposing to set a upper spending limit for each team, that is, to introduce hard cap system, but this system obviously damages the interests of players, so it is strongly opposed by the players’ union.