Report: 1-and-done will remain in place as NBA, union continue talks

The NBA and the National Basketball Players' Association will keep the current "one-and-done" college draft rule in place, according to The Vertical's Adrian Wojnarowski.

The two sides are continuing to discuss a new collective bargaining agreement. After Wednesday's meeting, most major items in question have been agreed to, Wojnarowski reports, and a formal agreement is expected imminently.

Instituted under the lead of former NBA commissioner David Stern for the 2006 draft, the rule requires non-international players be 19 years of age during the calendar year of the draft, and be one year removed from their high school graduation. In effect, it requires blue-chip players to play for NCAA programs for at least one year before they can be drafted into the NBA.

The union has historically been against the rule, as it restricts players from entering the league on their own terms. From 1995 to 2005, several players, including superstars such as Kevin Garnett, Kobe Bryant, and LeBron James jumped straight from high school to the NBA.

At the other end of the age spectrum, the league and the union have tentatively agreed to bump up the so-called "36-and-over" rule to age 38, according to Wojnarowski.

The rule prevents a player from signing a five-year max contract if their 36th birthday falls during the life of the deal. It was essentially a provision that saved owners from themselves in overpaying aging stars, but by knocking it up to age 38, several thirtysomething players should benefit financially.