NBA releases its salary cap numbers for 2014-2015 season

July 10, 2014

In an announcement which will affect free agent activity this offseason, the National Basketball Association has indicated that the Salary Cap increased by 7.5% to an all-time high of $63.065 million for the 2014-15 season. The tax level for the 2014-15 season increased by 7.1% to $76.829 million.

The minimum team salary, a provision one could say was inspired by Donald Sterling's history of miserly spending, is $56.759 million for the 2014-15 season. The minimum is set at 90% of the Salary Cap.

The current Collective Bargaining Agreement provides for three different mid-level exceptions depending on a team’s salary level. The non-taxpayer mid-level for this season is $5.305 million, the taxpayer mid-level is $3.278 million, and the mid-level for a team with room under the Salary Cap is $2.732 million.

The Salary Cap and tax level went into effect at 12:01 a.m. ET on Thursday, July 10, when the league’s “moratorium period” ended and teams can begin signing free agents and making trades.

By Staff of and news services

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