* no extend-and-trade
* no sign-and-trade for teams that are paying luxury tax
* less lucrative Bird rights
* no player options for max deals
* 4-year contract length (5 for Bird deals)
* 3-/4-year midlevel exception
* one contract amnesty per team
* "stretch" multi-year expensing for contracts of cut players
* etc.
http://www.nytimes.com/2011/11/14/sports/basketball/what-nba-could-be-like-under-a-new-labor-deal.html?hp
