NBA Salary Cap for 2013-14 Season Released
Now that the NBA's moratorium period has come to an end, teams can proceed with signings and trades. They will be doing so under a new salary cap, however, as the numbers for the 2013-14 season have been revealed.
According to Sekou Smith of NBA.com, the cap for the upcoming season is set at $58.679 million, which is up slightly from last year's cap of $58.044 million. Also, the tax threshold is $71.748 million as opposed to last season's level of $70.307 million.
The other major change relates to the salary-cap floor. Teams had to use 85 percent of the salary cap last season, but that number has been raised to 90 percent for the 2013-14 season, so teams must commit at least $52.811 million to player salaries, per Smith.
Are you happy with the changes to the salary structure this offseason?
None of these changes are particularly shocking, so they are unlikely to impact the way teams do business this offseason. There was already an expectation that the cap and tax level would go up incrementally as they normally do, although there were no signs of significant increases for either.
There are also three different types of mid-level exceptions, which will certainly come into play as the free-agent signing period continues. According to Smith, the non-taxpayer exception is set at $5.15 million, the taxpayer exception is $3.183 million and the exception for teams with cap room is $2.652 million.
The mid-level exception is a major weapon for contending teams as most of them don't have the cap space necessary to make a big splash in free agency. They are able to add to a winning cause by way of the mid-level exception, though, so it will be interesting to see how organizations ultimately decide to utilize it.
Even if the salary-cap changes for the upcoming season aren't necessarily groundbreaking, it's nice to see that the cap increased without truly altering the way that teams will operate during the offseason.
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