History
The NBA had a salary cap in the mid-1940s, but it was abolished after only one season. The League continued to play without such a cap until 1984–85, when the current incarnation of the salary cap was instituted in an attempt to level the playing field among all of the NBA's teams and ensure competitive balance for the League in the future. Before the cap was reinstated, teams could spend whatever amount of money they wanted on players, but in the first season under the new cap, they were each limited to $3.6 million in total payroll.
Under the 2005 CBA, salaries were capped at 57 percent of basketball-related income (BRI) and lasted for six years, until June 30, 2011. The 2011 CBA set the cap at 51.2 percent of BRI in 2011–12, with a 49-to-51 band in subsequent years.
NBA Salary Cap and average player salary since the introduction of the cap in 1984.
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Salary Cap |
Avg. Player Salary |
Read more about this topic: NBA Salary Cap
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“We said that the history of mankind depicts man; in the same way one can maintain that the history of science is science itself.”
—Johann Wolfgang Von Goethe (1749–1832)
“A poet’s object is not to tell what actually happened but what could or would happen either probably or inevitably.... For this reason poetry is something more scientific and serious than history, because poetry tends to give general truths while history gives particular facts.”
—Aristotle (384–323 B.C.)
“The history of literature—take the net result of Tiraboshi, Warton, or Schlegel,—is a sum of a very few ideas, and of very few original tales,—all the rest being variation of these.”
—Ralph Waldo Emerson (1803–1882)