The owners and players are nowhere close to a deal on a new collective bargaining agreement, and it looks like there will be a lockout starting July 1.
Of course, a lockout means no free agents can be signed, no players can be traded and teams are not allowed to have contact with their players. Once the CBA expires, there are no rules in place, so player movement is not allowed.
The new rules, whatever they are, will affect the amount of salary cap space each team has, because the owners are seeking to cut the percentage of basketball-related income that goes to the players in the new agreement.
Whether or not the owners are successful in getting the players to give up a portion of their "piece of the pie," they will surely be looking to accomplish these five things in collective bargaining negotiations...