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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).
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.
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 NBA uses a "soft" salary cap, which allow NBA teams to exceed their allotted amount in order to sign players through significant "salary exceptions ...
Here’s what the Sacramento Kings can do to improve their roster with NBA free agency set to begin at 3 p.m. Sunday. ... The salary cap for the 2024-25 season is projected at $141 million with ...
The National Basketball Association also has a luxury tax provision; its utility is somewhat limited by the fact that the league also has a salary cap provision. The "hard" salary cap of the National Football League and the National Hockey League has prevented any need for a luxury tax arrangement. [2]
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The deal will make him the highest-paid coach in NBA history. At $17.5 million per season, Kerr will receive a salary higher than all but five of the Warriors' players this season .
The 1998–99 NBA lockout was the third lockout of four in the history of the National Basketball Association (NBA). It lasted from July 1, 1998, to January 20, 1999, and forced the 1998–99 regular season to be shortened to 50 games per team and that season's All-Star Game to be canceled.