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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).
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.
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.
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.
The string of trade activity throughout the NBA Draft week has already shown how seriously teams are taking the updated CBA’s new salary cap restrictions.
With 10 players under contract and lacking salary cap room, the Bucks will have to be creative to fill out their roster for the 2024-25 season. ... May 12-19: NBA draft combine. June 26-27: NBA ...
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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 ...