The NBA announced Sunday that the salary cap is set at $140.588 million for the 2024-25 season.
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
Skylar Diggins had a season-high 26 points, Gabby Williams had a season-high 21 points and a career-high five 3-pointers, and the Seattle Storm pulled away from the host Phoenix Mercury…
Kelsey Mitchell scored a game-high 17 points and Natasha Howard chipped in 13 to lift the visiting Indiana Fever over the Chicago Sky 79-52 on Saturday in the first WNBA…
Although the Knicks have three players whom Jay Wright coached at Villanova, the retired Hall of Famer will not resume his career with New York, multiple media outlets reported on…
Fever cruise to second blowout of Sky this season
Reports: Jay Wright not interested in coaching Knicks
Sky G Courtney Vandersloot (knee) makes early exit vs. Fever
Kayla Thornton helps Valkyries rout Aces
Field Level Media - Professional sports content solutions | FLM
