• CBA 2011: A player can be released before the start of a season (only one player can benefit from an amnesty during the term of the agreement, and contracts signed under the new CBA are not eligible). The salary of the waived player will not be taken into account in the salary cap or luxury tax. Teams with Cap Room can submit competing bids to acquire an amnestied player (at a discounted price) before reaching the free agency and being able to sign with each team. A few weeks before the originally scheduled start of the NBA season, Reuters and Bloomberg Businessweek speculated about increased interest from NBA fans in the National Hockey League (NHL). The NHL had experienced steady growth since the 2005-06 season after its own lockout canceled the league`s 2004-05 season. In early October, they reopened the 2011/12 season with a record number of visitors. Businessweek wrote, „Perhaps the NBA`s unequal situation is already having a positive effect on the NHL.“   However, several NHL teams (nearly half of which do not have an NBA team in their market) did not intend to market directly to NBA fans during the lockout.   Although the 2012 Men`s Olympic Basketball Tournament was held more than a year from now, qualifying tournaments in FIBA`s five continental zones were scheduled to take place in the summer of 2011 in the Northern Hemisphere (the traditional basketball offseason in the world). The lockout led to the suspension of an agreement between the NBA and FIBA under which the NBA would cover most of the cost of insuring the value of its players` contracts in the event of a breach during international competition. As a result, national associations that want NBA players on their rosters must now offer full coverage instead of supplemental insurance.  The NBA Collective Agreement (CBA) is a contract between the National Basketball Association (the Commissioner and the 30 team owners) and the National Basketball Players Association, the players` union, which prescribes, among other things, rules relating to player contracts, trades, revenue distribution, nba drafts, and salary cap. In June 2005, the NBA`s 1999 CBA expired, meaning the league and players` union had to negotiate a new deal.
In light of the NHL lockout in 2004-2005, the two teams quickly agreed and ratified a new CBA in July 2005. This contract expired after the 2010-11 season, leading to the 2011 NBA lockout. In December 2011, a new ABC was ratified to end the lockout.  • Who benefits? Players win here by getting the league to agree not to take deficits on their salaries the following season. As there will be no withdrawal of existing salaries, the escrow system will likely reach its limits in the early years of this agreement, and players` wage losses will be capped at 10% no matter what. • Who benefits? I`ll tell you which teams don`t benefit – eternal taxpayers, like the Lakers and Mavericks. When the league hasn`t been able to negotiate a rigid cap, it`s settled for the best thing to do – a more punitive luxury tax that will prompt teams to think twice before committing to raising the payroll. For example, the Lakers` tax bill in 2011 (when the tax was $to dollars) was about $19.9 million. Under the new system, it would cost them $44.68 million to be above the tax line so far. If they were repeat offenders (who have paid taxes for at least four of the last five years), they would owe $64.58 million! The French, Russian and Argentine federations have been able to insure their NBA players, and several other associations should be able to do the same.   More than 30 NBA players attended EuroBasket 2011, while Ben Gordon and Marcin Gortat dropped out for insurance reasons.
 5) Teams can still use „sign and exchange“ agreements throughout the new agreement, although their ability to do so is hampered during Year 3 of the agreement (the owners wanted to eliminate this completely for teams above the luxury tax threshold). • Who benefits? This is the biggest gain for the owners of this agreement. After losing $370 million, $340 million and $300 million over the past three seasons under the previous CBA, the league began negotiations to seek a fundamental restart of the NBA`s economic system — and got it. In addition, players will lose about 20% of their salary for 2011-2012 – due to games missed due to the lockout. In an effort to avoid a lockout, owners and players met again on June 30, 2011 to negotiate, but neither side was able to find a solution to key issues such as salary caps and BIS splits. Stern and Hunter both said the two sides remained far apart. The owners demanded a larger share and claimed they would lose money. The players, on the other hand, were willing to make concessions, but they refused to give in completely to the owners` demands. Negotiations failed and the ABC expired at midnight.  The National Basketball Association avoided the shame of becoming the second North American sports league to cancel an entire season due to a labour dispute early Saturday morning, as owners and players reached a handshake agreement under a new collective agreement that would allow teams to play at Christmas. During the last agreement between the 2005-2006 and 2010-2011 seasons, the owners held between 8 and 10% of the player`s salary in trust if the league`s revenues were insufficient to meet the revenue forecasts.
The NBA revised the schedule to play two preseason games and a regular season schedule of 66 games per team, instead of the usual seven preseason games and an 82-game regular season schedule.  Teams were allowed to contact the players` agents on November 30. Players were able to volunteer to train at the team`s facilities with coaches on December 1, but coaches and general managers were not allowed to watch the training sessions and no exercises were allowed to be performed.  NBA teams began talking to free agents at 10 a..m. on December 5, 2011. . .