The change to the CBA clears the way for new salary cap and financial rules to start the 2020-2021 NBA season.

The National Basketball Association’s board of governors voted Tuesday to approve an amended agreement to the collective bargaining agreement, ESPN’s Adrian Wojnarowski reports. 

The change to the CBA, according to Wojnarowski, clears the way for new salary cap and financial rules to start the 2020-2021 NBA season. The league’s deal, in conjunction with the National Basketball Players Association, allows for a 72-game season that would begin on Dec. 22. 

With the change to the CBA, NBA free agency would begin two days after the NBA Draft starting at 6 p.m. on Nov. 20. The salary cap will be 109.1 million and the luxury tax will be $132.6 million. 

According to Wojnarowski, the salary cap is guaranteed to go up by a minimum of three percent and a maximum of 10 percent