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The NBA 75th Anniversary Team, also referred to as the NBA 75, [1] [2] was chosen in 2021 to honor the 75th anniversary of the founding of the National Basketball Association (NBA). It was the fourth and most recent anniversary team in the league. [ 3 ]
The salary cap for the 2022–23 season is $123.655 million (minimum team salary, which is set at 90 percent of the Salary Cap, is $111.290 million). [6] The league's newest CBA, which took effect with the 2023–24 season, requires teams to meet the 90% salary floor at the start of preseason training camp.
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".
There was bound to be a bit of controversy with the NBA's 75th anniversary team, and some notable names were left off the list.
The salary cap for the 2024-25 season is projected at $141 million with the first luxury tax apron set at $178.7 million and the second apron at $189.5 million.
The latest ranking reported that the Golden State Warriors are the most valuable NBA franchise during the 2024-25 NBA Season, with a valuation of $8.8 billion. [1] The Warriors are the third NBA team to hold the title of most valuable franchise since the inception of Forbes' ranking during the 1991–92 NBA season , with the other two being the ...
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In 2021, McHale was honored as one of the league's greatest players of all time by being named to the NBA's 75th Anniversary Team. [23] To commemorate the NBA's 75th Anniversary The Athletic ranked their top 75 players of all time, and named McHale as the 49th greatest player in NBA history. [24]