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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.
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.
NBA commissioner Adam Silver likes how the new CBA is playing out to give all teams a chance to compete, but team salary-cap staffers and ... this first offseason operating by the 2023 CBA. When ...
Beginning in the 2017–18 season, the National Basketball Association added two-way contracts between NBA teams and their minor league NBA G League affiliates. Through the 2022–23 season, each team could offer two contracts per season to players with fewer than four years of NBA experience; [2] from 2023 to 2024, three such contracts per team are allowed. [3]
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. NBA planning big jump in salary cap. Here’s ...
The salary cap (Total Player Payments or TPP per club) rose from $474,800 in 2019 to $717,122 in 2023 [91] with the total competition cap increasing more than 10 times in 6 years from $2.3 million in 2017 to $32.3 million in 2023.
Following the first season of the NBA Cup in 2023, according to the CBA, prize money will increase "for each subsequent Salary Cap Year: (A) for each IST Player on the Team that wins the IST ...