NBA salary cap question

Shawon0Meter

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Just read this on ESPN and forgive me because it's probably a stupid question...

As part of the memo, the new salary cap was set at $63.065 million, a 7.5 percent increase from last season.

The new luxury tax line will be $76.8 million, a 7.1 percent increase from last season.


So what are the consequences of spending over 63 million but under 76 million?
 

ChettheJet

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That's a very informative link to share.

As I read the cap, a team simply can't sign players once they reach the cap. Question 2. There are no penalties, any transaction that would go over just isn't approved by the league. The exceptions being if a team is short of the minimum number of players or needs a 10 day contract or has season ending injury. Ending up over the cap could happen as a team holds onto players with contracts that go up every year. That situation also is how teams approach the tax level and then have to shed contracts to avoid it.
 

czman

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Simple answer:

Over the cap you can only sign league min/draft picks/player exceptions.

Over the tax you pay money.

Over the Apron (4 mill over the tax) smaller exceptions and limited in sign and trades and other trades.
 

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