NBA sets 2018-19 salary cap at $101.869 million
NBA.com Global on Jul 01, 2018 08:36 AM
FILE - NBA Commissioner Adam Silver speaks at a news conference before Game 1 of basketball's NBA Finals between the Golden State Warriors and the Cleveland Cavaliers in Oakland, Calif., Thursday, May 31, 2018. (AP Photo/Jeff Chiu)
NBA press release
NEW YORK – The National Basketball Association today announced that the Salary Cap has been set at $101.869 million for the 2018-19 season. The tax level for the 2018-19 season is $123.733 million.
The Salary Cap and tax level go into effect at 12:01 a.m. ET on Sunday, July 1 (12:01pm, July 1, PHL time), when the league’s “moratorium period” starts and teams can begin negotiating with free agents. The moratorium period ends at 12:01 p.m. ET on Friday, July 6 (12:01am, Saturday, PHL time).
The minimum team salary, which is set at 90% of the Salary Cap, is $91.682 million for the 2018-19 season.
The Collective Bargaining Agreement provides for three different mid-level exceptions depending on a team’s salary level. The non-taxpayer mid-level for the 2018-19 season is $8.641 million, the taxpayer mid-level is $5.337 million, and the mid-level for a team with room under the Salary Cap is $4.449 million.