As discussions on a new labor agreement continue, the NBA and National Basketball Players Association are expected to extend an early opt-out deadline of Wednesday, allowing the league and union to continue negotiations on a new long-term collective bargaining deal, sources told ESPN on Monday.
As the sides pursue an early labor deal, a significant part of what has allowed discussions to progress has been the NBA's willingness to soften from its original push for an upper spending limit on team payrolls -- a de facto hard cap, sources said.
The NBA's seven-year CBA expires after the 2023-24 season, but Wednesday's deadline -- already extended from Dec.