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The salary cap for the 2022–23 season is $123.655 million (minimum team salary, which is set at 90 percent of the Salary Cap, is $111.290 million). [6] The league's newest CBA, which took effect with the 2023–24 season, requires teams to meet the 90% salary floor at the start of preseason training camp.
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 the 2024-25 season is projected at $141 million with the first luxury tax apron set at $178.7 million and the second apron at $189.5 million.
The 2024–25 NBA season is the 79th season of the National Basketball Association (NBA). The regular season began on October 22, 2024, and ends on April 13, 2025. [ 1 ] The NBA held an in-season tournament for the second consecutive year, now called the Emirates NBA Cup . [ 2 ]
At the very least, James will take a pay cut for the 2024-25 season. His maximum starting salary of $50 million is almost $1.5 million less than was his option to play for the Lakers.
The salary cap is expected to rise sharply over the course of most of the decade. NBA salary cap expected to jump $10 million next season to $134 million Skip to main content
The 2024–25 Phoenix Suns season is the 57th season of the franchise in the National Basketball Association (NBA), as well as their 32nd season at Footprint Center. [1] It is also their second full season under the ownership group led by Mat Ishbia and Justin Ishbia after the brothers purchased the team on February 8, 2023, and their second season with their "Big Three" superteam of Devin ...
Larry Bird became the first player to earn $5 million or more with a salary of $7,070,000 in the 1991–92 season. Magic Johnson became the first player to earn $10 million or more in the 94–95 season with a salary of $14,660,000. Patrick Ewing became the first player to earn $15 million or more in the 95–96 season with a salary of $18,724,000.