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Players Can Renegotiate Existing Contract For Smaller Amount Over Longer Period

A big part of the NBA's new CBA will be a "renegotiation and extension" provision.

It will allow players to be paid a smaller amount over a long period, but the salary cannot decrease by more than 40 percent.

A renegotiated salary previously could only increase a salary.

Via Larry Coon, Marc Stein/ESPN
 

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