Friday brought good news to NBA fans. The league and the players association have reached an agreement on a new collective bargaining agreement that will extend from the 2023/24 season up until at least the 2029/30 season. There will be no lockouts for the rest of the decade.
The announcement was a little surprising because many believed owners would try to limit player movement after having several stars force trades, but the NBA business is booming, with team valuations reaching new heights, which seems to have smoothed the negotiations over.
The new tentative CBA does come with some significant differences, from the way teams can spend money to the criteria for awards.