Although it has certainly revised its forecasts downward compared to last June (one million dollars less), the NBA still forecasts a “ salary cap » up for the 2024/25 season, as communicated to the 30 teams in the league. That's what they report anyway The Athletic And ESPN.
Thus, the authorized payroll for each franchise should more precisely amount to $141 million (and not 142 as expected), against 136 million dollars for the current season. That's a little less than 4% increase.
At a minimum, a team will also have to spend $127 million on salaries to be in good financial standing.
As for the “ luxury tax “, this kind of tax paid by the most spending franchises, the limit should be set at $172 million to fulfill it. This will allow NBA managers to spend, at most, 22% more than the amount of the “salary cap”.
Then, the more the “luxury tax” threshold is exceeded, the more a team will be harshly penalized in its recruitment. This is what the new collective agreement (CBA) provides for with the “First apron level” and “Second apron level” whose amounts are identical to the 2023/24 season: 179 million dollars for the first, 190 million dollars for the second.