According to ESPN's report, the league and the players union have reached an agreement on the revised labor-management agreement, and the free market will begin at 7 am Beijing time on November 21.
Starting at 0:00 on November 23, players will be able to formally sign contracts with the team. According to additional reports, the two parties are discussing the opening time of the trading window, which is expected to be two to three days before the draft on November 19. In addition, the deadline for player options, team options, etc. will also be set at this point in time.
The salary cap and luxury tax line will remain unchanged next season, at 109 million and 132 million respectively last season. Z1z
sources said that in the coming seasons, the salary cap and luxury tax line will rise by at least 3% each year, and up to 10%.
According to previous reports, the NBA and the players union have reached an agreement to extend the deadline for notification of termination of the labor agreement to November 10, Beijing time. Prior to this, the NBA and the players union had negotiated adjustments to the labor-management agreement, and the two sides have repeatedly postponed the deadline for notification of termination of the labor-management agreement.
salary expert Bobby Marks calculated the amount of the next contract for Bucks forward Giannis Antetokounmpo in this situation.
Salary cap range for the 2021-22 season: 112.4 million-120 million
Antetokounmpo's five-year super maximum salary renewal (starting salary occupies 35% of the salary cap, an increase of 8%) amount: 228 million-244 million.
