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

NBA salary cap for 2012-13 season set at $58.044 million

By Official Release
Posted Jul 10 2012 9:13PM

NEW YORK -- The National Basketball Association today announced that the Salary Cap for the 2012-13 season will be $58.044 million. The tax level for the 2012-13 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 Salary Cap and tax level, both of which are unchanged from 2011-12 amounts, go into effect at 12:01 a.m. ET on Wednesday, July 11, 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 85 percent of the Salary Cap, is $49.337 million for the 2012-13 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 $5.0 million, the taxpayer mid-level is $3.09 million and the mid-level for a team with room under the Salary Cap is $2.575 million.

SEARCH NEWS
LATEST VIDEOS
photoFIBA: Day Four Wrap
See all the action and passion from day four of the 2014 FIBA World Cup.
photoPostgame: Coach K
USAB's Coach Mike Krzyzweski addresses the media following a winning performance over New Zealand.
photoPostgame: James Harden
USAB's James Harden addresses the media following a winning performance over New Zealand.
photoAnthony Davis: Sultan Of Swat
The Pelicans' Anthony Davis is known for his unique defensive prowess for guarding the paint, and we replay some of his best blocks.
photoThrough The Lens: USA vs. New Zealand
Watch Team USA's impressive win over New Zealand through the lens of the slow-motion phantom cam.

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.