The league said the Tax Level will be $170.814
million.
Both figures go into effect at 12:01 a.m. ET on Monday.
Teams are allowed to begin negotiations with free agents at 6
p.m. ET on Sunday. Signings can become official Saturday.
The NBA said the minimum team salary is set at $126.529 million
for the 2024-25 season. For teams that exceed the tax, the First
Apron Level is $178.132 million and the Second Apron Level is
$188.931 million.
Also, the Mid-Level Exceptions were set at $12.822 million
(non-taxpayer), $5.168 million (taxpayer) and $7.983 million
(room under salary cap).
--Field Level Media [© 2024 Thomson Reuters. All rights
reserved.]
This material may not be
published, broadcast, rewritten or redistributed.
Thompson Reuters is solely
responsible for this content. |
|