Adrian Wojnarowski: The NBA and NBPA have agreed that each side will have the right to terminate the Collective Bargaining Agreement following the 2020-2021 and 2021-2022 seasons, sources tell ESPN. There was already a mutual option to terminate following 2022-2023 season.
Bobby Marks: Before the 2019-20 season, the NBA had projected $8B in Basketball Related Income. That number fell to $6.86B for this year. Cap would have come in at $90M (down from the projected $115M) if the league/PA did not agree to artificially set it.
Ian Begley: NBA says its Board of Governors unanimously approved the CBA changes previously agreed to by the league and the NBPA: pic.twitter.com/TpHpKXFAZf