davidbenoit
Well-Known Member
Really getting off topic here, but here is a great article about the impending lockout by Larry Coon:
https://m.espn.go.com/nba/story?storyId=5602845&pg=3
Found my answer:
This is not to say the players who sign new contracts or extensions under the current agreement are necessarily safe. The current rules require a player's salary in the first year of an extension to not exceed the maximum salary. This determination is made in the year the extension takes effect. The extensions for Bryant, Gasol and (potentially) Anthony won't take effect until the next CBA is in place, so these players could find themselves constrained by a new maximum salary rule that provides for considerably less salary than they are currently scheduled to earn.
It is possible for existing salaries to be slashed across the board. It has been the NBA's practice to grandfather existing contracts into new agreements with new restrictions (such as further limitations on salaries or contract lengths) applying only to contracts signed after the new CBA takes effect. The league and players association are under no obligation to do this in the future, and could agree that new limitations apply retroactively to existing contracts or that all existing salaries be rolled-back by a given percentage to meet new revenue sharing targets. That happened with the NHL in conjunction with its 2004-05 labor dispute, in which the sides agreed to roll back salaries in all existing contracts by 24 percent.
The upshot of this is that locking in long-term deals under the current agreement -- either via a new contract or an extension -- could end up being for naught. Since we won't know what the new rules will be until we get there, it's still prudent for players to get what they can under the terms of the current CBA.
So yes current contracts can be affected by the new CBA. Interesting