NEW YORK, July 2, 2016 – The National Basketball Association today announced that the Salary Cap has been set at $94.143 million for the 2016-17 season.  The tax level for the 2016-17 season is $113.287 million.

The Salary Cap and tax level go into effect at 12:01 a.m. ET on Thursday, July 7, when the league’s “moratorium period” ends and teams can begin signing free agents and making trades.

The minimum team salary, which is set at 90% of the Salary Cap, is $84.729 million for the 2016-17 season.

The current Collective Bargaining Agreement provides for three different mid-level exceptions depending on a team’s salary level.   The non-taxpayer mid-level for this season is $5.628 million, the taxpayer mid-level is $3.477 million and the mid-level for a team with room under the Salary Cap is $2.898 million.

Author photo
Basketball Insiders
Sports Editor

The next evolution of basketball news, information and rumors.

All posts by Basketball Insiders
Author photo
Basketball Insiders Sports Editor

The next evolution of basketball news, information and rumors.

All posts by Basketball Insiders