In light of the growing concerns surrounding the coronavirus, the NBA and NBPA will enter an agreement for a moratorium period during the league's hiatus period, according to a report from Shams Charania of The Athletic and Stadium.

Under this agreement, all business transactions would cease, such as trades and signings. Charania also noted that this moratorium period is planned to be effective March 12 (Thursday) to April 10:

The NBA now has two confirmed cases of the coronavirus, which led to its decision to suspend the 2019-20 regular season until further notice. Earlier this week, Utah Jazz center Rudy Gobert became the league's first confirmed case. His teammate, Donovan Mitchell, also tested positive.

Other sports leagues are taking similar steps in an attempt to limit the spread of this virus, with suspended seasons, postponed events and straight-up cancellations happening around the globe.

At this point, it's not clear when the NBA season might be able to resume. In an interview with ESPN's Rachel Nichols earlier this week, Dallas Mavericks owner Mark Cuban pondered the thought of playing games in July and August.

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Like many other NBA owners have chosen to do, Cuban is taking steps to make sure the lesser-known faces at his team's arena are being compensated during this hiatus, such as ushers and concession workers.

Though it's unfortunate that the NBA season has been suspended, these restrictions are aimed at limiting the spread of the virus.