New York, NY (SportsNetwork.com) – The NBA’s salary cap and tax level both saw a jump up from last season.<\/p>\n
The league’s salary cap for the 2014-15 season will be set at an all-time high of $63.065 million, while the tax level is fixed at $76.829 million. The cap went up 7.5 percent, while the tax level increased by 7.1 percent.<\/p>\n
The salary cap and tax level were due to go into effect at 12:01 a.m. ET Thursday when the league’s moratorium period ends and teams can officially begin signing free agent players and making trades.<\/p>\n
Last season, the cap was $58.679 million and the tax level was $71.748 million.<\/p>\n
Each team must carry a minimum salary of 90 percent of the cap, which is $56.759 million for the upcoming season.<\/p>\n
There are 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.<\/p>\n","protected":false},"excerpt":{"rendered":"
New York, NY (SportsNetwork.com) – The NBA’s salary cap and tax level both saw a jump up from last season. The league’s salary cap for the 2014-15 season will be set at an all-time high of $63.065 million, while the tax level is fixed at $76.829 million. The cap went up 7.5 percent, while the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"class_list":["post-20663","post","type-post","status-publish","format-standard","hentry","category-nba"],"_links":{"self":[{"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/posts\/20663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/comments?post=20663"}],"version-history":[{"count":0,"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/posts\/20663\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/media?parent=20663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/categories?post=20663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.stub.com\/hq\/news\/wp-json\/wp\/v2\/tags?post=20663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}