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The NBA Amnesty Clause provided franchises a means of escaping a contractual obligation to a player whose performance falls far short of the extremely large salary they initially agreed to pay him. Under the 2005 CBA, one player could be waived prior to the start of the 2005–06 season and not count toward the luxury tax.
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".
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.
Take a look at the list of the Top 25 highest paid players overall by salary. NBA's highest paid players in 2021-22 season: Ranking Top 25 players overall by salary Skip to main content
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The salary cap for 2016–17 was set at $94.14 million, with the salary floor at 84.73 million and the luxury tax limit at $113.29 million. [37] The current CBA took effect with the 2017–18 season. The NBA uses a "soft" cap, meaning that teams were allowed to exceed the cap in order to retain the rights to a player who was already on the team.
The salary cap is expected to rise sharply over the course of most of the decade. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways ...
The agreement included an amnesty clause provision allowing teams to release one player without his contract counting against the NBA's luxury tax threshold. The clause did not negate a player's contract, a team's obligation to pay a player, or a contract's impact on the salary cap; it merely made it possible to remove a released player's ...