The NBA and the National Basketball Players Association have agreed on a deal that will withhold 25% of each player paycheck beginning on May 15, according to ESPN's Adrian Wojnarowski.
The agreement, per ESPN, gives players a gradual reduction in salary if the Force Majeure provision is enacted, marking the cancelation of regular-season games.
The league could exercise the Force Majeure clause in the collective bargaining agreement, which covers for catastrophic circumstances. Once there is a cancelation of games, the clause is automatically triggered.
The use of the clause protects against a dramatic drop in the salary cap and luxury tax for next season, but it would also lead to a more immediate financial impact on the league's players.