On October 29, Beijing time, according to famous reporter Adrian Wonarovsky, sources revealed that NBA is currently seeking to add a team's spending ceiling in the new labor-management agreement with the Players' Union, but this move has been strongly boycotted by the Players' Union.
Sources said that as major market teams such as Warriors, Nets and Clippers compete to launch an arms race, ignoring the huge luxury tax , the league is focusing on adding a system to replace the luxury tax with a hard limit that cannot be broken down, but this move has been firmly resisted by the players' union, so that the league no longer believes that the two sides can reach an agreement on this matter.
data shows that a total of 20 teams are below the $150.3 million luxury tax threshold this season, while the other 10 teams are expected to pay a record $697 million in luxury tax this season. Among them, the Warriors ($176.5 million), the Clippers ($145 million) and the Nets ($108.9 million) accounted for 61%.
It is reported that the two sides are currently working to reach a new agreement before December 16, Beijing time (the deadline for this year). According to previous regulations, both parties must finalize a new agreement by December next year, and the current seven-year labor-management agreement will expire after the end of the 2023-24 season.
sources revealed that the league believes that the current rules cannot provide a level playing field and they are trying to make more of the 30 teams competitive. It is reported that the league is currently actively instilling a concept in the player union that a more competitive league will bring more benefits, and the players' basketball-related income ratio is expected to be improved to a certain extent based on the current 49%-51%.
(NBA official website)
