NBA Salary Cap 2024-25: Warriors, Knicks, Clippers Among Teams Facing Hard Cap - Bleacher Report

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A number of NBA teams are facing a hard cap ahead of the 2024-25 season.

According to Bobby Marks of ESPN, the Golden State Warriors and Los Angeles Clippers are among the teams hard-capped at the first apron while a handful of other teams, including the New York Knicks, have been hard-capped at the second apron.

Bobby Marks @BobbyMarks42

The list of teams that are hard capped:<br><br>$178.1M- 1st Apron<br><br>- Atlanta (sign-and-trade)<br>- Brooklyn (sign-and-trade)<br>- Charlotte (sent out cash)<br>- Chicago (non- tax ML)<br>- Dallas (sign/trade |Non-tax ML)<br>- Golden St. (sign/trade | Non-tax ML)<br>- Houston (biannual/prior TE)<br>- LA…

The NBA announced June 30 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."

While the NBA doesn't have the traditional "hard cap" that a league like the NHL does, teams can be hard-capped at a certain amount depending on the types of transactions it makes when over the official salary cap.

The Warriors were hard-capped due to participating in a sign-and-trade and for utilizing the non-tax mid-level exception. This happened during the sign-and-trade deal that brought Buddy Hield to Golden State, and also the team's use of the mid-level exception on De'Anthony Melton.

The Los Angeles Clippers received the hard cap due to utilizing the non-tax mid-level exception. The Knicks received the penalty due to the aggregate cost of the offseason.

Golden State has $533,659 in first-apron space, the Clippers have $5.9 million while the Knicks have $15 million in second-apron space.

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July 09, 2024 at 01:33AM
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NBA Salary Cap 2024-25: Warriors, Knicks, Clippers Among Teams Facing Hard Cap - Bleacher Report

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