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

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

SACRAMENTO, CA - APRIL 16: Stephen Curry #30 of the Golden State Warriors looks on during the game against the Sacramento Kings during the 2024 Play-In Tournament on April 16, 2024 at Golden 1 Center in Sacramento, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images Agreement. Mandatory Copyright Notice: Copyright 2024 NBAE (Photo by Rocky Widner/NBAE via Getty Images)

Rocky Widner/NBAE via Getty Images

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:
$178.1M- 1st Apron
– Atlanta (sign-and-trade)
– Brooklyn (sign-and-trade)
– Charlotte (sent out cash)
– Chicago (non- tax ML)
– Dallas (sign/trade |Non-tax ML)
– Golden St. (sign/trade | Non-tax ML)
– Houston (biannual/prior TE)
– 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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