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this post was submitted on 01 Jul 2023
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NBA
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| East - Atlantic |
|---|
| Boston Celtics |
| Brooklyn Nets |
| New York Knicks |
| Philadelphia Sixers |
| Toronto Raptors |
| East - Central |
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| Chicago Bulls |
| Cleveland Cavaliers |
| Detroit Pistons |
| Indiana Pacers |
| Milwaukee Bucks |
| East - Southeast |
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| Atlanta Hawks |
| Charlotte Hornets |
| Miami Heat |
| Orlando Magic |
| Washington Wizards |
| West - Northwest |
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| Denver Nuggets |
| Minnesota Timberwolves |
| Oklahoma City Thunder |
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| Golden State Warriors |
| Los Angeles Clippers |
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| West - Southwest |
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| Dallas Mavericks |
| Houston Rockets |
| Memphis Grizzlies |
| New Orleans Pelicans |
| San Antonio Spurs |
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I am new to the nba, I understood teams have a salary cap which prevented astronomical salaries within the sport. Anyone care to enlighten me?
The NBA also has a salary floor, a minimum amount a team needs to spend. Houston was $50 million under the salary floor, so they overpaid Fred to cover most of the floor.
That’s is just bonkers.
The salary floor? It's to ensure the players make 50% of the NBA revenue. Without the floor it's hard to guarantee enough money is going to the players overall.