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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.
The NBA utilizes a soft salary cap, meaning there is a salary cap but there are a variety of exceptions that allow teams to exceed that cap. For example, teams can re-sign players already on the team to an amount up to the maximum salary allowed by the league for up to five years regardless of where their payroll is relative to the cap.
Here’s what the Sacramento Kings can do to improve their roster with NBA free agency set to begin at 3 p.m. Sunday. ... That puts them $34.7 million over the salary cap, but they are $15.7 ...
We’ve made it: 2022 Brooklyn Nets free agency, also known as the most important offseason in (relocated) franchise history. The Nets have already made their biggest decision: Holding firm in ...
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. NBA planning big jump in salary cap. Here’s ...
The league claimed that it was losing $300 million a year (22 out of 30 teams were losing money last season) and proposed to reduce 40% of players' salary (about $800 million) and institute a hard salary cap (at $45 million per team) as opposed to a soft cap (at $58 million) currently in use. The union disputed those figures and steadfastly ...
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