Click here to Skip to main content
LATEST HEADLINES - NBA NEWS

NBA salary cap set for 2009-10 season

By Official Release
Posted Jul 7 2009 10:30PM

NEW YORK -- The National Basketball Association today announced that the Salary Cap for the 2009-10 season will be $57.7 million. The tax level for the 2009-10 season has been set at $69.92 million. Any team whose team salary exceeds that figure will pay a $1 tax for each $1 by which it exceeds $69.92 million.

The 2008-09 Salary Cap was $58.68 million and the tax level was $71.15 million. Although league-wide revenue increased 2.5% this past season, the decrease in the Salary Cap and tax level for the 2009-10 season is the result of the formula used to set the Cap and tax under the terms of the collective bargaining agreement.

The new Salary Cap and tax level go into effect at 12:01 a.m. ET on Wednesday, July 8, when the league's "moratorium period" ends and teams can begin signing free agents and making trades.

The mid-level exception is $5.854 million for the 2009-10 season and the minimum team salary, which is set at 75% of the Salary Cap, is $43.275 million.

SEARCH NEWS
LATEST VIDEOS
photoJaylen Brown's Roll in Boston
Kristen Ledlow, Steve Smith and Clark Kellogg discuss Jaylen Brown's role with the Boston Celtics.
photoHow will Jakob Poeltl Mesh with Raptors
Kristen Ledlow, Steve Smith and Clark Kellogg talk about how Jakob Poeltl will mesh with the current Raptors bigs.
photoLakers Land Ingram at No. 2
Matt Winer, Steve Smith and Clark Kellogg discuss second overall pick Brandon Ingram's potential impact on the Lakers.
photoSpurs Draft Washington's Murray
Matt Winer, Steve Smith and Clark Kellogg discuss the Spurs' first round selection, Washington guard Dejounte Murray.
photoDunn Lands in Minnesota
Matt Winer, Steve Smith and Clark Kellogg discuss Kris Dunn landing in Minnesota at number five.

Copyright © NBA Media Ventures, LLC. All rights reserved. No portion of NBA.com may be duplicated, redistributed or manipulated in any form. By accessing any information beyond this page, you agree to abide by the Privacy Policy / Your California Privacy Rights and Terms of Use. | Ad Choices Ad Choices

NBA.com is part of Turner Sports Digital, part of the Turner Sports & Entertainment Digital Network.