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The NBA's most recent projections peg the salary cap for the 2023-24 season at $136 million and the luxury tax at $165 million, according to ESPN's Tim Bontemps. That sets the dreaded second apron ...
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 NBA informed teams that the 2023-24 salary cap will rise by more than $10 million from this season’s salary cap, The Athletic reported Friday.
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 salary cap is determined during the offseason, but is liable to change. [2]
After the 2024 season, the league and its players' union entered into a new CBA that will run through the 2030 season. The new CBA has no individual salary caps, but retains the "maximum cap charge" concept and a team salary cap, with the team cap initially set at $3.3 million for the 2025 season and increasing annually to $5.1 million for 2030.
Depending on roster decisions with current players, the Rockets can approximately generate between $45 million and $75 million in salary cap space for 2023, per @YossiGozlan of HoopsHype.
In addition to the soft cap, the NBA utilizes a luxury tax system that is applied if the team payroll exceeds a separate threshold higher than the salary cap. 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 ...
The Mavericks are entering the season with one open roster spot and a $28 million luxury tax projection. After losing Jalen Brunson, they could look to consolidate their mid-sized salaries for a ...