With Chris Paul, LeBron James and Carmelo Anthony taking on significant roles within the players union, there will be a change in the new collective bargaining agreement of the current 36-and-over rule.

The rule prohibited players from signing five-year max contracts if their 36th birthday occurs within the life of the deal.

The NBA and union have tentatively agreed to change the rule to over 38. The change will give players a significant increase in the amount of guaranteed money they can command.

Paul has an early termination option in his contract in 2017 and will already be 32 in the offseason. James can re-enter the market in 2018 if he declines his player option for 18-19 when he'll be 33 years old. Anthony can also become a free agent in 2018 when he'll be 34.