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NBA finalizes new CBA aimed at boosting revenue and improving player experience

  • NBA and players ratified a new collective bargaining agreement aimed at boosting revenue and improving player experience.
  • Deal secured higher salaries, added revenue, eliminated penalties for marijuana use, and reduced invasive testing.
  • Players will be allowed to invest in NBA and WNBA teams and have new opportunities to earn prize money.
  • Players must now play a minimum number of games to be eligible for league awards.
  • Teams can now negotiate with free agents sooner, veteran players have more extension options, and a new in-season tournament will offer players $500,000 each in prize money.
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