• Loading stock data...
Saturday, August 23, 2025
The biggest names in sports media. All in one room. Buy tickets now!

NBA’s CBA Contains New Investment Opportunities For Players

  • Newly signed labor deal contains wide range of new privileges for players
  • Agreement will impose big changes on how the sport operates
Kirby Lee-USA TODAY Sports

NBA players can now invest in independent WNBA teams and sports betting operators thanks to a new collective bargaining agreement. 

The league’s newly signed seven-year labor deal with the National Basketball Players Association — memorialized in a 676-page document — will impose big changes on how the sport operates.

Agreed in principle in April, the deal creates a second luxury-tax level to curb spending by high-revenue teams, implements a new in-season tournament to elevate the six-month regular season, and establishes a 65-game minimum for players to be eligible for key awards such as All-NBA teams and MVP.

The agreement also details many other, lesser-known elements:

  • Individual players can own up to 4% of WNBA clubs not owned by a NBA team owner, and up to 8% of such a team collectively.
  • On behalf of all players, the NBPA can invest in private funds acquiring equity stakes in NBA teams, with the union investment capped at 5% of the fund’s aggregate capital.
  • Players may hold passive, non-controlling interests in sports betting or fantasy companies. Those equity stakes are limited to 1% for companies offering NBA-related bets or contests, and players can’t promote NBA-specific betting.
  • Marijuana has been removed from the NBA’s banned substances list. Players may also promote and invest in companies producing CBD products.

The labor deal presents the league with a key element of certainty as it seeks a lucrative new set of media rights deals. 

Teams and player agents will also need to quickly absorb the document and its ramifications as the window for NBA free-agent negotiations opens at 6 p.m. ET Friday.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Malik Beasley

Malik Beasley Could Still Be Charged in Gambling Probe Despite Feds Dropping..

Beasley’s lawyer is hoping his client can return to the NBA.
Aug 5, 2025; Brooklyn, New York, USA; Dallas Wings guard Paige Bueckers (5) looks to drive past New York Liberty guard Natasha Cloud (9) in the third quarter at Barclays Center.

Man Arrested for Throwing Dildo at Liberty Game

After police released his photo, the man turned himself in.

Featured Today

Dec 21, 2024; Austin, Texas, USA; Texas Longhorns quarterback Arch Manning (16) warms up as the Texas Longhorns prepare to play the Clemson Tigers in the first round of the College Football Playoffs at Darrell K Royal Texas Memorial Stadium.

Schools Are Hesitant to Allow PE Into Their Athletic Departments

Regardless of budget, schools don’t believe the risk is worth the reward.
Oct 2, 2024; Rosemont, IL, USA; Big Ten commissioner Tony Petitti speaks with the media during the 2024 Big Ten Women’s Basketball media day at Donald E. Stephens Convention Center.
August 22, 2025

‘Not Ready to Jump In’: Power 4 Commissioners Aren’t Sold on PE

Top leaders in college sports have yet to see a satisfactory proposal.
Nov 23, 2024; Minneapolis, Minnesota, USA; Penn State Nittany Lions head coach James Franklin looks at quarterback Drew Allar (15) during the first quarter against the Minnesota Golden Gophers at Huntington Bank Stadium.
August 22, 2025

Private Equity Enters College Sports—Without the Equity

As college football starts, lending agreements have become PE’s best way in.
Sep 8, 2024; East Rutherford, New Jersey, USA; New York Giants running back Eric Gray (20) returns a kickoff against the Minnesota Vikings during the first half at MetLife Stadium.
August 18, 2025

‘Fauxbacks’ Throw Back to a Retro Uniform That Never Existed

Many throwback jerseys are brand-new designs or “Franken-Unis.”

Premier League Sets New Highs: $3.2B Spent, Record U.S. Viewership

The league’s transfer spending beats the rest of Europe’s Big Five combined.
August 20, 2025

PGA Tour Turning to Theo Epstein, Tiger Woods to Reshape Pro Golf

A new Future Competition Committee was announced Wednesday.
August 20, 2025

US Open’s Controversial New Mixed Doubles Format Makes Waves

The first-place prize money for the winning duo climbed from $200,000 to $1 million.
Sponsored

Building A Pro League From Scratch

Front Office Sports and Gainbridge® spotlight what it takes to build a professional women’s soccer league.
Palestinian flags
exclusive
August 19, 2025

MLS Says Columbus Crew Fans Can Fly Palestinian Flag After Two-Year Ban

MLS has banned Israeli and Palestinian flags since October 2023.
Aug 1, 2025; Dallas, Texas, USA; Dallas Wings guard Paige Bueckers (5) signs autographs for fans before the game against the Indiana Fever at the American Airlines Center.
August 19, 2025

WNBA Breaks Regular-Season Attendance Record With a Month Left

The current WNBA season ends Sept. 11.
August 19, 2025

PGA Tour Will Return to Trump Doral for New $20M Signature Event

Doral last hosted a PGA Tour event in 2016.
exclusive
August 19, 2025

New Cleveland WNBA Team President on Cavs Connection, Rivaling Valkyries

The Cleveland WNBA team debuts in the 2028 season.