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The NBA and NBPA will extend an early opt-out deadline of the current collective bargaining agreement as talks continues without a new deal.

The NBA’s seven-year CBA expires following the 23-24 season and has been pushed back once already from Dec. 15th.

There had been some hope from teams that a deal would be in place by the trade deadline in order to inform future payroll planning based on potential rule changes.

The league has shown a willingness to give up its push to implement a hard cap, which has been called an upper spending limit.