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The NBA salary cap is the limit to the total amount of money that National Basketball Association teams are allowed to pay their players. Like the other major professional sports leagues in North America, the NBA has a salary cap to control costs and benefit parity, defined by the league's collective bargaining agreement (CBA).
Damian Lillard is expected to be the first NBA player to eclipse $60 million in the 2026–27 season, having signed a contract worth $63,228,828. Starting from the 1984–85 NBA season, the NBA's first salary cap was introduced. The NBA salary cap is the maximum dollar amount each NBA team can spend on its players for the season. However, the ...
The NBA had a salary cap in the mid-1940s, but it was abolished after only one season. The league continued to operate without such a cap until the 1984–85 season , when one was instituted in an attempt to level the playing field among all of the NBA's teams and ensure competitive balance for the Association in the future.
What is the 2023-24 NBA salary cap? The NBA's most recent projections peg the salary cap for the 2023-24 season at $136 million and the luxury tax at $165 million, according to ESPN's Tim Bontemps ...
Here’s what the Sacramento Kings can do to improve their roster with NBA free agency set to ... The salary cap for the 2024-25 season is projected at $141 million with the first luxury tax apron ...
The NBA utilizes a soft salary cap, meaning there is a salary cap but there are a variety of exceptions that allow teams to exceed that cap. For example, teams can re-sign players already on the team to an amount up to the maximum salary allowed by the league for up to five years regardless of where their payroll is relative to the cap.
The collective bargaining agreement (CBA) of the National Basketball Association (NBA) is a contract between the league (the commissioner and the 30 team owners) and the National Basketball Players Association (NBPA), the players' union, that dictates the rules of player contracts, trades, revenue distribution, the NBA draft, and the salary cap, among other things.
The latest ranking reported that the Golden State Warriors is the most valuable NBA franchise after the 2021–22 NBA season. [3] The fastest growing NBA franchise is also the Toronto Raptors, with a 100% increase in valuation since the 2017–18 NBA season ($3.5 to $7 billion). [1] The Warriors became the third NBA team to hold the title as ...