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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).
On July 8, 2022, Christie signed his rookie scale contract with the Lakers. [17] He was assigned to the South Bay Lakers of the NBA G League on March 8, 2023. [18] He was recalled by the Los Angeles Lakers from South Bay two days later. [19] On December 9, 2023, Christie and the Lakers won the inaugural season of the NBA In-Season Tournament. [20]
Anthony Edwards, the No. 1 overall pick in the 2020 NBA Draft, has agreed to a maximum rookie-scale contract extension with the Minnesota Timberwolves, according to ESPN's Adrian Wojnarowski.
2024 NBA free agency: Cade Cunningham, Pistons agree to max contract extension, per report. Ben Rohrbach. June 30, 2024 at 5:22 PM ... both of whom are likely to land a similar maximum rookie ...
That’s now Toronto’s problem to solve — and with Barnes’ maximum-salaried extension of his rookie-scale contract about to kick in, and with fellow starters Immanuel Quickley, RJ Barrett ...
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 rookie pay scale is tied to the NBA’s salary cap, which is expected to be $101 million per team for the 2018-19 season.
Finally, the rookie player exception allows any NBA team to sign their first-round draft pick to a contract based upon a scale previously set forth by the NBA. Another option for teams would be to assign players to a league-assigned minimum salary contract for a maximum of two years.