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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).
Disney is expected to renew its NBA rights contract for about $2.6 billion a year, an increase from the $1.5 billion it pays now, according to the Wall Street Journal. Disney currently has some of ...
Once it gives the nod, the league would send out finished contracts to current and proposed rightsholders. Current NBA media rights are held by Disney and Warner, but the contract behind them ...
The NBA has agreed to terms on its new media deals, a record 11-year agreement worth $76 billion that would assure player salaries will continue rising for the foreseeable future and one that will ...
Warner Bros. Discovery thinks it’s entitled to keep some of its hoop dreams. The company pushed back on the notion that the NBA could keep it out of its next round of rights deals, unveiled ...
An exception is necessary to sign a player for a contract that would exceed the salary cap threshold of the "soft cap". The Larry Bird exception, more commonly known as Bird Rights, allows teams to re-sign a current player only if he has played for that particular team for a minimum of three years. [3]
The league said in a statement that TNT's parent company, Warner Bros. Discovery, did not match the new 11-year, $1.8 billion annual contract the NBA agreed to with Amazon.
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.