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Draft and free agency will be altered

By Chad Ford
ESPN Insider

Tuesday, June 21, 2005

The NBA and union reached an agreement on the framework for a new collective bargaining agreement on Tuesday. The agreement appears to be a real compromise by both sides. In fact, NBA commissioner David Stern called the deal a "50-50 agreement" at the press conference. The owners got several concessions they wanted: slightly shorter player contracts, smaller raises, shorter guaranteed rookie contracts and an age minimum. The players received a guarantee that 57 percent of basketball-relate ...

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