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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).
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 NBA uses a "soft" salary cap, which allow NBA teams to exceed their allotted amount in order to sign players through significant "salary exceptions".
The NBA had a salary cap in the mid-1940s, but it was abolished after only one season. ... The initial team salary cap in the new league was A$675,000, ...
What is the 2023-24 NBA salary cap? The NBA's most recent projections peg the salary cap for the 2023-24 season at $136 million and the luxury tax at $165 million, according to ESPN's Tim Bontemps ...
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 upcoming salary cap is currently projected at $136 million, with a first tax apron standing at $172 million and the daunting second apron at $182 million.
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 informed teams that the 2023-24 salary cap will rise by more than $10 million from this season’s salary cap, The Athletic reported Friday.