Overview
- The reported offer includes a maximum salary exceeding $1.1 million that could be paid to multiple players per team and would rise annually, according to the Associated Press.
- The proposal would lift the league minimum to more than $220,000 and the average salary to more than $460,000 starting in the first year for 180-plus players, with increases over the deal’s term.
- League officials briefed owners on the plan this week, and The Athletic reports the offer was formally made Oct. 29 before the 30-day extension was accepted.
- The package features a revenue-sharing component, but players have sought an uncapped model tied to league revenue; current reports place players’ share near 9%, far below the NBA’s roughly 50%.
- If no agreement or further extension is reached by Nov. 30, the sides enter a status quo period in which either could still declare a work stoppage, as talks proceed against pressure from rival offseason leagues.