8 noteworthy provisions reportedly going in the NBA's new CBA

The NBA and NBPA have agreed to a new seven-year collective bargaining agreement, pending formal ratification, and reports about the deal's specifics have already begun to trickle out.

Here are eight need-to-know features of the new CBA, as reported by NBA.com's David Aldridge, ESPN's Marc Stein and Ian Begley, and The Vertical's Adrian Wojnarowski.

Salary increases across the board

The new CBA will reportedly include raises to all standardized contracts, including the mid-level and bi-annual exceptions, and veteran's minimum deals. As the salary cap continues to steadily rise amid surging revenues and an enormous national TV deal, protecting the league's middle and lower class was a necessary move.

It was less clear what would happen to rookie-scale contracts, since those don't effect any players who are currently members of the players association. But the union took care of its future rank and file by reportedly agreeing to tie rookie deals to the salary cap moving forward, as they will with mid-level, bi-annual, and minimum deals. Such contracts are reportedly set to increase by about 45 percent, and the league's average salary is expected to jump to nearly $9 million.

Though the player/owner revenue split will remain unchanged (with the players entitled to 49-51 percent of revenue, depending on the total net for a given season), an expanded definition of basketball-related income is expected to add to the players' pool.

Longer designated-player extensions

Under the terms of the current CBA, teams can only extend players for up to four years, with an option to designate one player on a rookie-scale deal to receive a five-year extension, so long as it's for the maximum.

This provision will reportedly allow teams to designate any veteran for a five-year (and in some cases even six-year) extension, incentivizing players to remain with their incumbent teams.

The ability to offer or receive a sixth year in an extension will be tied to specific performance-based criteria, like All-NBA appearances.

Restricted free agency: slightly less restrictive

Teams will no longer be allowed to stall for 72 hours while deciding whether to match an offer sheet for one of their restricted free agents. That window will reportedly be whittled down to 48 hours in the new deal.

The three-day limbo often scares teams off, since the salary on a signed offer sheet counts against the offering team's cap until the player's incumbent team either matches or renounces the player. In the name of gamesmanship, those teams typically wait the full 72 hours regardless, and for the team making the offer, being fiscally handcuffed for three days during the NBA's hectic free-agency period - only to have their offer sheet matched - can be catastrophic.

There had previously been talk of RFAs being exempted from the free-agent moratorium - thus being allowed to sign offer sheets with teams beginning July 1, rather than waiting until the (current) six-day moratorium gets lifted - but it's unclear if that provision made its way into the new CBA.

One-and-done here to stay ... for now

Essentially an agree-to-disagree decision, as the league will continue to allow players to declare for the draft just one year - spent either in college or playing professionally - removed from high school.

Commissioner Adam Silver is on record saying he'd like to raise the NBA's age minimum, but the owners apparently didn't feel strongly enough to make it a sticking point in negotiations. Stay tuned.

2-way contracts

The growth of the NBA Development League has reportedly paved the way for two-way deals, which will allow teams to create 16th and 17th roster spots and shuttle designated players back and forth between the NBA and their respective D-League affiliates.

The players will be paid differently based on whether they're playing with the parent club or on assignment in the D-League. It's another step in the rapidly advancing process of transforming the D-League into a fully functioning minor-league system.

Shorter preseason = less compacted schedule

The league continues to look for ways to offer more rest days and ease the physical toll its schedule takes on players. There are few more obvious fixes than shrinking the preseason slate.

The new deal will see the preseason taken from eight games down to six, allowing the regular season to be extended a week. That will further reduce the need for teams to play back-to-backs and four-game-in-five-night stretches. No-brainer.

Universal health care

The league and union will reportedly collaboratively cover the cost of health-care packages for retired players, as well as benefits for active players. Retirees will only be eligible if they've accrued three-plus years of NBA service time.

The enhanced benefits reportedly include a tuition-reimbursement fund and a near-50-percent increase in pensions - which will be paid out to retirees beginning at age 50.

The league will also reportedly create a program to address domestic violence, child abuse, and sexual assault. The program will include counseling and treatment for players and their families.

38 is the new 36

Score one for the old guys!

Under the current agreement, players are prohibited from signing a five-year max deal if that deal runs past their 36th birthday. The new CBA will reportedly bump that cutoff age back to 38.