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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".
On July 8, 2010, Johnson re-signed with the Hawks to a six-year, $123.7 million contract, which, at the time, made him the NBA's highest-paid player. [19] The signing occurred during one of the most star-studded free agency summers in league history, highlighted by LeBron James ’ "Decision" TV special .
The NBA Finals is the championship series for the NBA and the conclusion of the sport's postseason. The winning team of the series receives the Larry O'Brien Championship Trophy. Players from the winning team usually receive championship rings from the team honoring their contribution, with "rings" becoming shorthand for championships. [3]
The Boston Celtics have won the most championships of any NBA team. Shown are the championship banners hanging in their home arena, TD Garden. The NBA Finals is the championship series for the National Basketball Association (NBA) held at the conclusion of its postseason.
He currently earns $40 million in salary (with a 5-year deal worth $201,158,790), effectively making him one of the highest-paid NBA players, behind Giannis Antetokounmpo. Steph has won ...
This article comprises lists of National Basketball Association (NBA) players. These lists include players from the American National Basketball League (NBL), the Basketball Association of America (BAA), and the original American Basketball Association (ABA). All of these leagues contributed to the formation of the present-day NBA.
List of NBA G League career scoring leaders; List of NBA head coaches with 400 games coached; List of NBA jersey sponsors; List of NBA mascots; List of NBA postseason records; List of NBA regular season records; List of NBA seasons; List of NBA single-game playoff scoring leaders; List of NBA team owners; List of NBA team presidents
The Miami Heat entered the 2010 NBA Free Agency period with nearly $46 million of salary cap space to spare, allowing the team to allocate enough financial resources to gain the ability to retain free agent and franchise player Dwyane Wade, as well as being able to pair him with two other perennial All-Stars and top-ranked NBA players at the time, LeBron James and Chris Bosh.