NBA Salary Cap
InsideHoops.com NewsWire | July 10, 2007
 First, 2007-08 NBA salary cap info, followed by NBA salary cap year-by-year history. Also see NBA Salaries.
The National Basketball Association today announced that the Salary Cap for the 2007-08 season will be $55.630 million. The new Cap goes into effect at 12:01 a.m. ET on Wednesday, July 11, when the league’s “moratorium period” ends and teams can begin signing free agents and making trades.
The tax level for the 2007-08 season has been set at $67.865 million. Any team whose team salary exceeds that figure will pay a $1 tax for each $1 by which it exceeds $67.865 million.
The mid-level exception is $5.356 million for the 2007-08 season and the minimum team salary, which is set at 75% of the Salary Cap, is $41.723 million.
For the 2006-07 season, the Salary Cap was set at $53.135 million, the tax level was $65.42 million and the mid-level exception was $5.215 million.
2006 NBA SALARY CAP INFO
July 11, 2006 -- The National Basketball Association today
announced that the Salary Cap for the 2006-07 season will be $53.135
million. The new Cap goes into effect at 12:01 a.m. ET on Wednesday, July
12, when the league’s “moratorium period” ends and teams can begin signing
free agents and making trades.
For the 2005-06 season, the tax level was set at $61.70 million. The tax
level for the 2006-07 season has been set at $65.42 million. Any team
whose team salary exceeds that figure will pay a $1 tax for each $1 by
which it exceeds $65.42 million.
The mid-level exception is $5.215 million for the 2006-07 season and the
minimum team salary, which is set at 75% of the Salary Cap, is $39.85
million.
NBA Salary Caps History
Each season's NBA salary cap, starting
with the 1984-85 season. The NBA salary cap is the maximum dollar amount each
NBA team can spend on its players for the season. However, because the NBA uses
a "soft" salary cap - there are "salary exceptions" that allow teams to go over the limit. Most NBA teams do go over.
The NBA salary cap for each season is determined during the offseason. In early August of 2005 it was announced that the cap for the 2005-06 NBA season is $49.5 million. The previous season it was $43.87 million.
| NBA Season |
NBA Salary Cap |
| 1984-85 |
$3.6 million |
| 1985-86 |
$4.233 million |
| 1986-87 |
$4.945 million |
| 1987-88 |
$6.164 million |
| 1988-89 |
$7.232 million |
| 1989-90 |
$9.802 million |
| 1990-91 |
$11.871 million |
| 1991-92 |
$12.5 million |
| 1992-93 |
$14.0 million |
| 1993-94 |
$15.175 million |
| 1994-95 |
$15.964 million |
| 1995-96 |
$23.0 million |
| 1996-97 |
$24.363 million |
| 1997-98 |
$26.9 million |
| 1998-99 |
$30.0 million |
| 1999-2000 |
$34.0 million |
| 2000-01 |
$35.5 million |
| 2001-02 |
$42.5 million |
| 2002-03 |
$40.271 million |
| 2003-04 |
$43.84 million |
| 2004-05 |
$43.87 million |
| 2005-06 |
$49.5 million |
| 2006-07 |
$53.135 million |
| 2007-08 |
$55.630 million |
|
