The NBA has officially set the salary cap for the 2024-25 season at $140.588 million, slightly lower than the previous estimate of $141 million. The luxury tax level has been established at $170.814 million. Additionally, the first apron is set at $178.132 million, and the second apron is at $188.931 million. This adjustment means that teams, such as the Knicks, have approximately $500,000 less than anticipated. The cap came in approximately $412K lower than expected, which could significantly impact teams close to the aprons.
Hm. Cap came in ~$412K lower than the expected $141M. That could matter quite a bit for teams really up against the aprons. https://t.co/mCSZKNqymA
NEWS: The NBA Salary Cap has been set at $140.588 million for the 2024-25 season. The Tax Level for the 2024‑25 season is $170.814 million. #NBA
NBA announces the salary cap is slightly lower than expected ($140,588,00) Consequently, the second Second Apron is set at $188,931,000 Which means the Knicks have roughly $500k less than anticipated...
The NBA is projecting a 10% increase in the salary cap for 2025-26 Cap: $154.6M Tax: $187.9M
Official numbers for the 2024-25 season, per the NBA. Cap at $140.58 million; tax at $170.8 million: https://t.co/aXjPyhWHou
NBA Sets Official 24-25 Salary Cap At $140.588M, Slightly Lower Than $141M Estimate https://t.co/8uxqIS5s6q
The NBA’s latest salary cap numbers https://t.co/oMUT5qSPLP
Officially official from the NBA ... 2024-25 salary cap: $140.588 million 2024-25 luxury tax level: $170.814 million First apron: $178.132 million Second apron: $188.931 million
NBA announces the 2024-25 salary cap has been set at $140.588 million and the tax level is $170.814 million.
The NBA announced that the salary cap has been set at $140.588 million for the 2024-25 season. The tax level for the 2024‑25 season is $170.814 million. https://t.co/1FqzQMf1D4
NBA sets the salary cap at $140.588 million for the 2024-25 season. https://t.co/kMtrXx2XJH
The NBA informed teams that it has set the 2024-25 salary cap: $140,588,000 million; Luxury tax: $170,814,000. Slightly less than $141M prior salary cap estimation.
The National Basketball Association today announced that the Salary Cap has been set at $140.588 million for the 2024-25 season. The Tax Level for the 2024‑25 season is $170.814 million. https://t.co/DdjoGhcAsz