New CBA stuff:
https://theathletic.com/4607105/2023/06/28/nba-cba-new-rules/Quote:
Over the last 10 years, there have been roughly six teams per season that go over the tax, and an average of three teams per season that spent enough to reach what will soon be the second apron level. But that swelled this past season to new highs. Nine teams went into the tax, and seven teams were above what would have been second apron level of spending.
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new CBA also has a built-in ceiling of no more than 10 percent cap growth each year.
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FIRST APRON RULESAbout $7mm over luxury tax, Lux tax currently about 164mm.
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now be unable to sign buyout players defined as players who were waived during the regular season and who had a salary higher than the full non-taxpayer midlevel exception.
2023-24 season:
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can only match salaries up to 110 percent of the players in a trade
2024 on into the future:
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only be able to trade for a player who makes up to the value of the salary being dealt away.
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traded player exceptions generated in the prior year cease to be useable unless they get back down below the apron
SECOND APRON RULESSet at 17.5mm over luxury tax, will increase proportional to salary cap
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Teams will not be able to use their taxpayer midlevel salary exception.
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teams cannot aggregate player salaries together in a trade
So you can't add Spencer Dinwiddie's contract and DFS' contract to equal Kyrie's contract for cap rules.
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will not be able to send out its own player in a sign-and-trade to acquire another team's player
That hurts the players a lot, since only a few teams are ever under the cap.
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cannot send cash in a deal
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If a team is above the second apron as of the last day of the regular season, starting with the 2024-25 cap year (July 1, 2024), then its first-round pick seven years out cannot be traded. That's called the frozen pick. If that team is also above the second apron in two of the ensuing four years, that frozen pick will also be moved to the end of the first round in that year.
So the Clippers could get their 2030 pick frozen, then moved to 30th for paying Kawhi and PG13 so much, then both players retire and they are a lottery team with the last pick in the draft.
SALARY FLOORQuote:
need to hit [Salary floor] by the first day of the regular season
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Any team under the cap floor will have the difference between its team salary and the floor added to its payroll, so it can't use that amount as available cap space anymore.
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It also won't be allowed to perform any transactions after the first day of the regular season that would further decrease its team salary.
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teams that don't hit the floor won't receive any of the money paid out to non-taxpaying teams
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Non-Taxpayer MLE = 9.12% of cap, up from 7.5%
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Room Exception = 5.678% of cap - $7.7mm next year
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Taxpayer MLE = $5mm, down from 6.479mm, max of two seasons, not three.
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Beginning with the 2024-25 cap year, teams will be able to use the non-taxpayer midlevel, the room midlevel or the bi-annual exception to acquire a player or multiple players in a trade or on a waiver claim,
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The second-rounders can sign a three-year deal, in which the first season's salary is worth up to the minimum annual salary for a player with one year of service, or a four-year deal, in which the first season's salary is worth up to the minimum annual salary for a player with two years of service. Both must have a team option as the final year.
Big deal - don't have to use a MLE on a 2nd. And you get multiple exceptions
Restricted Free AgencyQuote:
The qualifying offer will go up by 10 percent for former first-round picks.
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The qualifying offer for any player who isn't coming off a two-way deal or a first-round contract will be worth 135 percent of their prior year's salary, up from 125 percent.
TAX RATES0-4.999MM = $1.50 per dollar in 24/25, $1 in 25 and beyond
5-9.999MM = $1.75 per dollar in 24/25, $1.25 in 25 and beyond
10-14.999MM = $2.50 in 24/25. $3.50 in 25 and beyond
15-19.999MM = 3.25 in 24/25. $4.75 in 25 and beyond
$20+ = 3.75 (and increases $.50 per $5mm) in 24/25. $5.25 with same increases in 25 and beyond.
Repeater Tax:
0-5: $2.50 now, $3 in 2025+
5-10: 2.75 now, 3.25 in 2025+
10-15: 3.50 now, 5.50 in 2025+
15-20: 4.25 now, 6.75 in 2025+
20+: 4.75 now, 7.25 in 2025+. Add .50 for every $5mm over 20.
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Tax brackets will increase as the cap increases. They will not stay static. So if the cap increases by 10%, the 0-5mm bracket also increases 10% to 0-5.5mm.
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The incoming CBA stipulates that agents may now get fined up to $125,000 by the NBPA for violating the league's tampering rules, going public with trade demands or the rules on when free-agency discussions can begin. Starting with the 2024 free-agency period, players and their agents will not be allowed to announce their new deals until the end of the moratorium period, unless that deal can legally be signed during it. The NBA will be able to fine teams or team personnel for violating the rules on premature free-agency talks. Those punishments include a fine up to $2 million, taking away draft picks and/or suspending people that work for that team.
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Teams will be able to start negotiating a contract with their own players beginning the day after the end of the NBA Finals.