Live broadcast on February 27 according to the name Shams, NBA and the players’ union are negotiating a new labor agreement.
Sources said that the two sides have made progress on key issues in recent weeks and are expected to reach an agreement in the next few weeks. Sources revealed that the players’ union has informed the league office, their plan and goal is to complete the signing in March.
The most critical issues discussed by both sides are the new tax threshold and tax rate. In addition, there are several core issues, including reducing the age of talent show to 18 years old and increasing the salary increase limit of contract renewal.
NBA’s current labor agreement contract lasts for 7 years and will expire at the end of the 2023-2024 season.