Last week, the NBA and NBPA tentatively agreed to a new Collective Bargaining Agreement. Though the highlights of the agreement are centered around small market teams being able to retain star players, there are still ways the Brooklyn Nets benefit from it.
The NBA made significant strides last week after it settled on a new Collective Bargaining Agreement (CBA) with the NBPA. This agreement has many components that are tailored towards specific areas of concern: small market teams, the length of the NBA season, and player salaries.
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Of course, the focus of the agreement was around the designated veteran exception. This new rule allows designated veteran star players to sign five-year extensions with a year left on their contracts. Previously, this rule allowed for one less additional year (four).
This is particularly beneficial for star players who re-sign with their current team, as they can receive up to 35 percent of the salary cap if they meet certain benchmarks, according to ESPN. These benchmarks include accolades such as All-NBA teams, Most Valuable Player, and Defensive Player of the Year. Looking ahead to 2017 free agency, Stephen Curry will be reap the greatest benefits from the designated veteran exception.
This rule, though the focus of the new CBA, isn’t of much help to Brooklyn. The Nets’ main veteran is Brook Lopez, but by the standards of this rule, Lopez wouldn’t fit the criteria. Plus, with the big man always being in trade talks, it’s unclear if it’s in Brooklyn’s wishes to sign him to an extension a year earlier anyway.
Still, there are three other elements of the agreement that will benefit the Nets.