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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).
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 ...
In the Big 4 North American sports leagues (Major League Baseball (MLB), National Basketball Association (NBA), National Football League (NFL), and National Hockey League (NHL)), there are three different methods employed to limit individual teams payroll: hard salary cap, soft salary cap with luxury tax, and luxury tax.
Caitlin Clark, who became the leading scorer in NCAA history and the first pick in the WNBA draft, will make a $76,535 salary this year. The top NBA pick will make $10.5 million.
Stephen Curry will set an NBA record by making $34.7 million for the 2017-18 season, but that doesn't mean he'll get to deposit anything close to that.
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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 salary cap for 2016–17 was set at $94.14 million, with the salary floor at 84.73 million and the luxury tax limit at $113.29 million. [37] The current CBA took effect with the 2017–18 season. The NBA uses a "soft" cap, meaning that teams were allowed to exceed the cap in order to retain the rights to a player who was already on the team.