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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 League in the future.
These teams pay a penalty for each dollar their team salary exceeds the tax level. From 2002 to 2013, if a team exceeded the luxury tax threshold, they must pay one dollar to the league for every dollar that they are over the limit. For the 2013–14 season and onward, teams paid an incremental rate based on their team salary.
This also skews the list towards sports with salary caps where salaries are therefore public knowledge and easy to cite. The contract figures referenced below are presented at face value and do not reflect potential pre or post-tax treatments. For example, contracts with European sports teams are typically quoted on a post-tax basis.
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 two-way star should still be in high school and yet can reasonably claim to be the best player in college hoops, averaging 19.5 points, 7.7 rebounds and 4.0 assists for one of the top teams in ...
An NBA player will continue to be paid his NBA salary and will continue to be included on his NBA team's roster on the inactive list while playing in the G League. [59] NBA teams can call up players as many times as they choose, and there is no limit to the number of times an NBA player with three years or less experience can be assigned to the ...
For the 2020–21 season, which was shortened to 72 games and paired with a truncated 2020–21 NBA G League season, the NBA allowed a significant increase in salary for two-way contracts from an initial $81,955 minimum to an overall salary worth up to $449,155. The amount of time allowed with the NBA team also increased from 45 total days to ...
The team receiving the player cannot have a payroll that exceeds the so-called "apron"—a designated level above the NBA luxury tax threshold—after the trade. A team with a payroll above the apron can only receive a player in a sign-and-trade if the transaction drops that team's payroll below the apron.