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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.
Damian Lillard is expected to be the first NBA player to eclipse $60 million in the 2026–27 season, having signed a contract worth $63,228,828. 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 ...
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 cap was set at A$1.25 million for 1987–1989 as per VFL agreement, with the salary floor set at 90% of the cap or $1.125 million; the salary floor was increased to 92.5% of the cap in 2001, and to 95% of the cap for 2013 onwards due to increased revenues.
NBA free agency: Sacramento Kings salary cap situation, team needs, trade rumors and more ... The salary cap for the 2024-25 season is projected at $141 million with the first luxury tax apron set ...
The National Basketball Players Association (NBPA) is the labor union that represents National Basketball Association (NBA) players. It was founded in 1954, making it the oldest trade union of the four major professional sports leagues in the United States and Canada. However, the NBPA did not get recognition by NBA team owners until ten years ...
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The following is a timeline of the organizational changes in the National Basketball Association (NBA), including contractions, expansions, relocations, and divisional realignment. The league was formed as the Basketball Association of America (BAA) in 1946 and took its current name in 1949.