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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.
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 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.
The Mavericks are entering the season with one open roster spot and a $28 million luxury tax projection. After losing Jalen Brunson, they could look to consolidate their mid-sized salaries for a ...
Depending on roster decisions with current players, the Rockets can approximately generate between $45 million and $75 million in salary cap space for 2023, per @YossiGozlan of HoopsHype.
The NBA had a salary cap in the mid-1940s, ... For 2023, the team cap was further raised to $1.375 million, and allocation money increased to $600,000. Also, the ...
In a salary-cap maneuver, the Miami Heat are trading injured guard Victor Oladipo and draft compensation to the Oklahoma City Thunder, ESPN's Adrian Wojnarowski reports. With the move, the Thunder ...