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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).
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 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's 11-year, $76 billion contract package would kick in with the 2025-26 season. The deal is for the same number of years as the NFL's most recent agreement, which began with the 2023 season
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 ...
Denotes unsigned players whose free-agent rights were renounced T: Denotes sign-and-trade players C: Denotes player who is claimed off waivers (same contract, different team) Denotes signed player who failed to make opening-day roster Denotes player whose deal was later turned into a two-way contract: Denotes player signed to 10-day contract
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 ...
Fleisher sued, and details of the illegal contract came to light in discovery. [14] NBA Commissioner David Stern severely punished the Timberwolves in response. He fined the team $3.5 million and voided all three short-term contracts—and with them, Smith's "Bird rights."