NEW YORK, NY – APRIL 13: NBA Commissioner Adam Silver looks on during a press conference to announce a marketing partnership between the NBA and PepsiCo on April 13, 2015 at Terminal 23 in New York City. Pepsi will replace Coca-Cola Co with league sponsorship rights, ending a 28-year relationship with Coke. (Photo by Alex Goodlett/Getty Images)

The NBA and NBAPA reached a tentative seven-year agreement on a new CBA on Wednesday, which will prevent the league from locking out for the first time since 2011.

There are a plethora of new details in the agreement, but here are five notable changes (and non-changes) in the agreement that will have a major impact on the league and how it operates.

Salaries will continue to go up for just about everybody

The NBA will see increases in player contracts. Minimum salaries for veterans with 10+ years of service time, players with 5+ years, rookie scales, players under mid-level exception and bi-annual exception contracts will all see boosts in total salary. Team’s max contract offers to players with 10+ years of experience will also rise, as teams can now offer $36 million per season to retain stars. Max salary for players between 7-9 years of service time will be $31 million.

Veteran player exceptions

The NBA will introduce a new contract exception titled, “designated veteran player exception.” The new contract will allow teams to add a sixth year to contracts that meet certain criteria. ESPN’s Zach Lowe reports the criteria involves accolades, such as All-NBA appearances.

Multiple changes to D-League contracts

The NBA will follow suit with the NHL and have “two-way” contracts, that will change monetary value depending on which league the player plays in. NBA teams will also be permitted to additional roster spots for these contracts, with 13 active players still being the max. D-League salaries are also expected to rise.

Shorter preseason and earlier start to NBA season

The NBA preseason will be shortened to “no more than six exhibition games” before the start of the season. On top of that, the NBA season will start a week earlier to reduce back-to-backs. That’s a win-win for fans and players alike.

The one and done rule is staying put

The NBA wanted to impose an age limit increase to 20 for draft-eligible players. But, the NBAPA fought against it. The union proposed a ‘zero and two’ rule, which would allow high schoolers in the NBA draft but keep college players from getting drafted until their sophomore season. That was also passed over.

[Details via NBA.com]

About Liam McGuire

Social +Staff writer for The Comeback & Awful Announcing. Liammcguirejournalism@gmail.com