2:33 PM ET
Adrian WojnarowskiSenior NBA Insider
- Host of The Woj Pod
- Joined ESPN successful 2017
The NBA and National Basketball Players Association person agreed successful rule to widen the Dec. 15 deadline that each broadside has to springiness announcement of plans to opt retired of the corporate bargaining statement astatine the extremity of the 2022-23 season, sources told ESPN connected Friday.
Talks connected a caller CBA are ongoing, and a ceremonial ratification of an hold -- apt into February -- is expected to travel astatine a virtual committee of governors gathering Wednesday, sources said.
The existent seven-year CBA expires aft the 2023-24 season, but the anticipation of either broadside opting retired of the statement leaves the NBA susceptible to a enactment stoppage connected July 1, 2023. Pushing backmost the day to pass the different broadside of an opt-out allows the league and national to proceed to prosecute a new, semipermanent labour agreement.
In talks, the NBA is pursuing the implementation of an precocious spending limit, a systemic alteration that has been met with important national resistance, sources said.
In the aftermath of large-market contenders similar the Golden State Warriors, Brooklyn Nets and LA Clippers moving up monolithic payrolls and luxury taxation penalties, the NBA is proposing a strategy that would regenerate the luxury taxation with a hard bounds that teams could not transcend to wage salaries, sources said.