Looks like Schuerholz is getting part of what he wanted in the CBA but not full-on hard slots.
Here's the general idea:
• There will be slot recommendations for the first 10 Rounds. No team is required to honor the individual recommendations, but there will be a cumulative number -- a bonus ceiling -- based on those recommendations assigned to each team for the first 10 rounds.
• If a team goes over the cumulative slot recommendation for their club, there will be a tax for the first time, and the second time, they will lose a high draft pick, perhaps in the first or second round.
• In return, the players would get this concession from the owners -- there will be no first-round pick draft compensation. In recent years, teams have become increasingly reluctant to sign free agents tied to first-round draft picks, which has impacted the market for those players. There will continue to be draft pick compensations, but in some other form -- either in later rounds or in supplemental rounds.