Shams Charania: The New Orleans Pelicans are signing forward Axel Toupane from D-League’s Raptors 905, league sources tell @The Vertical.
Chris Reichert: The New Orleans Pelicans are signing Axel Toupane from the Raptors 905, per @Shams Charania. The Raptors 905 losing Axel Toupane in the playoffs could be a back breaker. He had 41 points in their game 1 win over Canton #NBADL
The Denver Nuggets have waived G D.J. Kennedy, F JaKarr Sampson and F Axel Toupane, General Manager and Executive Vice President of Basketball Operations Tim Connelly announced today. Kennedy, was signed by Denver on Aug. 16, 2016 and has appeared in one preseason game for the Nuggets, posting four points, two rebounds, three assists and three steals in 12 minutes of play.
The Denver Nuggets have signed forward Axel Toupane to a 10-day contract, General Manager and Executive Vice President of Basketball Operations Tim Connelly announced today.
April 1, 2023 | 3:30 am EDT Update
NBA will implement a second salary cap apron for highest-spending teams
The NBA is curbing the ability of the highest-spending teams, such as the Golden State Warriors and the LA Clippers, to continue running up salary and luxury tax spending while still maintaining mechanisms to add talent to the roster. The NBA is implementing a second salary cap apron — $17.5 million over the tax line — and those teams will no longer have access to the taxpayer mid-level in free agency. Those changes will be eased into the salary cap over a period of years. Under these changes, Golden State’s Donte DiVincenzo, Milwaukee’s Joe Ingles, Boston’s Danilo Gallinari and former Clippers guard John Wall wouldn’t have been able to sign with those teams last summer.
The NBA and NBPA have agreed to increase the upper limits on extensions from a 120% increase on a current deal to 140%, which could have a significant impact on the futures of stars like Celtics forward Jaylen Brown. Under the current rules, Brown would be allowed to sign a four-year extension worth $165 million. With the extension rules increased to 140%, however, Brown — who is set to earn $31.8 million in the 2023-24 season, the final year of his current contract — would be able to reach his four-year maximum of $189 million, according to ESPN’s Bobby Marks.
There is an increase in two-way contract slots, jumping from two to three per team. Two-way contracts were created in the 2017 collective bargaining agreement as a vehicle for teams to develop younger players. It has been seen as a success, as it’s become a route to players earning long-term homes in the league, and in several cases becoming major contributors.
The in-season tournament will arrive beginning in the 2023-24 season. The event will include pool-play games baked into the regular-season schedule starting in November — with eight teams advancing to a single-elimination tournament in December. The Final Four will be held at a neutral site, with Las Vegas prominent in the discussion, sources said. Each in-season tournament game would count toward regular-season standings; the two finalists would ultimately play 83 regular-season games. Winning players and coaches will earn additional prize money.
Shams Charania: Prize money for the championship team of the NBA’s In-Season Tournament beginning in 2023-24 season: $500,000 per player, sources tell @TheAthletic @Stadium.
Marijuana will no longer be prohibited under the new CBA
Shams Charania: Sources: NBA players will no longer be prohibited for marijuana under the new seven-year Collective Bargaining Agreement. It’s been removed from the anti-drug testing program, a process that began during 2019-20 season.
Tamika Tremaglio: Since day one, the goal of the NBPA in this negotiation was to protect our players, enrich their lives on and off the court, and establish a framework that recognizes our players as true partners with the governors in both the NBA and the business world at large!