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League and Union finalize start of new season - Trades can happen Nov 16

Posted on 11/10/20 at 12:29 am
Posted by TigerinATL
Member since Feb 2005
62446 posts
Posted on 11/10/20 at 12:29 am
quote:

Adrian Wojnarowski @wojespn 1h

The NBA and NBPA have reached agreement on an amended CBA, sources tell @TimBontemps
and me. Free agency begins at 6 PM on Nov. 20, with signings allowed at 12:01 PM on Nov. 22.


quote:

Tim Bontemps @TimBontemps 1h

The salary cap ($109.1 million) and luxury tax ($132.7 million) will remain the same next season. In future seasons, the cap and tax will increase by a minimum of 3 percent — and a maximum of 10 percent, sources said.


quote:

Marc Stein @TheSteinLine 1h

NBA Calendar ...

Nov. 18: NBA Draft*

Nov. 20: Free agency starts at 6 PM

Nov. 22: Free agent signings can begin at 12:01 PM

Dec. 1: Training camps open

Dec. 22: Opening Night

*Freeze on trades being lifted is still TBD but remains likely to happen in the Nov. 16 range
Posted by j520
Member since Jan 2015
264 posts
Posted on 11/10/20 at 12:34 am to
So less than a week until all hell breaks loose

Also Free Agency starting on the weekend is nice.
This post was edited on 11/10/20 at 12:35 am
Posted by supe12sta12z
Tiger Town
Member since Apr 2012
12852 posts
Posted on 11/10/20 at 12:42 am to
Gonna be a crazy week with trades, the draft, and free agency.
Posted by Pelefraan 1
Member since Jan 2018
6706 posts
Posted on 11/10/20 at 1:20 am to
F5 szn bby
This post was edited on 11/10/20 at 1:21 am
Posted by Soggymoss
Member since Aug 2018
17334 posts
Posted on 11/10/20 at 5:25 am to
quote:

Besides the salary cap & luxury tax remaining the same this season as they were in 2019-20, there will be a reduction in the luxury tax bill for teams at the end of the season based off the percentage BRI decreased from initial projections during the 2020-21 season, sources said.


quote:

For example: If Golden State used the $17.2M trade exception and revenue decreased by 30%, they could save close to $50M.

This will help out the Warriors, Boston, Brooklyn and Philadelphia plus possibly a team like Milwaukee.


quote:

Salary cap in 2021/22

Low of $112.4M and high of $120M

Super max extension of Giannis Antetokounmpo will range from $228M to $244M
Posted by Fun Bunch
New Orleans
Member since May 2008
127826 posts
Posted on 11/10/20 at 6:25 am to
If trades are going to happen, I bet they happen mostly draft night, and very fast and furious.
Posted by brmark70816
Atlanta, GA
Member since Feb 2011
11180 posts
Posted on 11/10/20 at 7:19 am to
What about opt outs?
Posted by TigerinATL
Member since Feb 2005
62446 posts
Posted on 11/10/20 at 7:30 am to
Good question. Usually those deadlines were right before the draft IIRC.
Posted by j520
Member since Jan 2015
264 posts
Posted on 11/10/20 at 7:33 am to
Opt-in and outs will happen once the trade moratorium is lifted. So November 16th
Posted by Mad Scientist26
Member since Jul 2018
2268 posts
Posted on 11/10/20 at 7:37 am to
Prepare yourself for the incoming Woj bombs!!
Posted by Pelicans15
Bossier
Member since Mar 2019
908 posts
Posted on 11/10/20 at 7:52 am to
Hope he's stretching his thumbs out. Don't want to risk injury.
Posted by NOSHAU
Member since Feb 2012
13476 posts
Posted on 11/10/20 at 9:29 am to
quote:

quote:
Besides the salary cap & luxury tax remaining the same this season as they were in 2019-20, there will be a reduction in the luxury tax bill for teams at the end of the season based off the percentage BRI decreased from initial projections during the 2020-21 season, sources said.


quote:
For example: If Golden State used the $17.2M trade exception and revenue decreased by 30%, they could save close to $50M.

This will help out the Warriors, Boston, Brooklyn and Philadelphia plus possibly a team like Milwaukee.

Seems like a huge benefit to such a small number of teams (at the expense of the rest of the league).
Posted by Fun Bunch
New Orleans
Member since May 2008
127826 posts
Posted on 11/10/20 at 9:55 am to
I was just going to comment, this helps Golden State GREATLY and makes them much more likely to pursue All-In trades for veterans.

Hmmmmmmmmmmmmmm
Posted by TigerinATL
Member since Feb 2005
62446 posts
Posted on 11/11/20 at 12:32 pm to
quote:

Marc Stein @TheSteinLine 1m

Talks are ongoing, sources say, to grant players on two-way contracts more than 45 days in the NBA to make them far more available to their NBA teams

With such a short offseason (for some teams) and more of a coronavirus threat, teams naturally want the added roster flexibility
Posted by BallHawk
Orlando
Member since Jul 2011
6046 posts
Posted on 11/11/20 at 12:50 pm to
I think you allow them to be available all season but they are still designated as two way players or you just extend rosters by two slots this season
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