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

NBA salary cap for 2010-11 season set at $58.044 million

By Official Release
Posted Jul 7 2010 7:41PM

NEW YORK, July 7, 2010 -- The National Basketball Association today announced that the Salary Cap for the 2010-11 season will be $58.044 million. The tax level for the 2010-11 season has been set at $70.307 million. Any team whose team salary exceeds that figure will pay a $1 tax for each $1 by which it exceeds $70.307 million.

The 2009-10 Salary Cap was $57.70 million and the tax level was $69.92 million.

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

The mid-level exception is $5.765 million for the 2010-11 season and the minimum team salary, which is set at 75% of the Salary Cap, is $43.533 million.

SEARCH NEWS
LATEST VIDEOS
photoNBA Style: Samsung GQ Feature
Lance Fresh talks Playoff Fashion with GQ.
photoNBA Style: Samsung GQ Stinger
Lance Fresh discusses #NBAStyle with GQ.
photoKlay Thompson's Top 10 Plays of the 2014-15 Season
Check out the Top 10 plays of the 2014-15 NBA season from Klay Thompson.
photoRoad to the Finals #6: Cleveland Cavaliers -- Playoffs Journey
Two sweeps and a battle against the Bulls -- and when the dust cleared, the Cleveland Cavaliers' playoff journey landed them a spot in the NBA Finals.
photoGameTime: Fred Hoiberg
Fred Hoiberg addresses the media, and the GameTime crew react to Hoiberg being hired as the Bulls head coach.

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.