NBA players can now invest in independent WNBA teams and sports betting operators thanks to a new collective bargaining agreement.

The league’s newly signed seven-year labor deal with the National Basketball Players Association — memorialized in a 676-page document — will impose big changes on how the sport operates.

Agreed in principle in April, the deal creates a second luxury-tax level to curb spending by high-revenue teams, implements a new in-season tournament to elevate the six-month regular season, and establishes a 65-game minimum for players to be eligible for key awards such as All-NBA teams and MVP.