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The collective bargaining agreement (CBA) of the National Basketball Association (NBA) is a contract between the league (the commissioner and the 30 team owners) and the National Basketball Players Association (NBPA), the players' union, that dictates the rules of player contracts, trades, revenue distribution, the NBA draft, and the salary cap, among other things.
The 2012 CBA, after seeing teams go over more than three times, added a fourth taxation level when teams went over the limit four or more times. The 2016 CBA removed this fourth tier, opting instead to raise the third tier's tax rate. The 2016 CBA also added two surcharge thresholds, with teams paying surcharge rates on top of the luxury tax ...
The settlement provided for payment of almost $200 million in damages, and was contingent upon the NFLPA re-forming as a union and signing a new CBA which would incorporate the terms of the litigation settlement. [11] [12] A seven-year CBA was signed in the spring of 1993, making it the first agreement of its kind since 1987.
There will still be a salary cap for all teams to abide by but there will be two components going forward. A base salary cap will be $3.3 million for the 2025 season, which is a 20% increase over ...
The numbers are based on a $50 a square game, with a $625 payout for the 1st and 3rd quarters, a $1,250 payout for halftime, and a $2,500 payout for the end of the game.
This results in smaller overall monthly payments compared to a single-life annuity because the payout needs to stretch in order to cover the life expectancy of two people instead of one.
A collective agreement, collective labour agreement (CLA) or collective bargaining agreement (CBA) is a written contract negotiated through collective bargaining for employees by one or more trade unions with the management of a company (or with an employers' association) that regulates the terms and conditions of employees at work. This ...
The second apron is a new, additional threshold, slated as roughly $11 million ($190 million total) above the first apron for the 2024-25 league season. It will handicap team decision-makers more ...