Free Agent (NBA)
The NBA salary cap is the limit to the total amount of money that National Basketball Association (NBA) teams are allowed to pay their players. Like the other major professional sports leagues in North America, the NBA has a salary cap to control costs and benefit parity, defined by the league's collective bargaining agreement (CBA). This limit is subject to a complex system of rules and exceptions and is calculated as a percentage of the league's revenue from the previous season. Under the CBA ratified in July 2017, the cap will continue to vary in future seasons based on league revenues. For the 2024–25 season, the cap is set at $140.588 million. Half of major American leagues (NFL, NHL) have hard caps while the NBA and MLB have soft salary caps. Hard salary caps forbid teams from going above the salary cap. Soft salary caps allow teams to go above the salary cap, but will subject such teams to reduced privileges in free agency. Teams that go above the luxury tax cap are subj ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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National Basketball Association
The National Basketball Association (NBA) is a professional basketball league in North America composed of 30 teams (29 in the United States and 1 in Canada). The NBA is one of the major professional sports leagues in the United States and Canada and is considered the premier professional basketball league in the world. The league is headquartered in Midtown Manhattan. The NBA was created on August 3, 1949, with the merger of the Basketball Association of America (BAA) and the National Basketball League (United States), National Basketball League (NBL). The league later adopted the BAA's history and considers its founding on June 6, 1946, as its own. In 1976, the NBA and the American Basketball Association (ABA) ABA–NBA merger, merged, adding four franchises to the NBA. The NBA's regular season runs from October to April, with each team playing 82 games. The NBA playoffs, league's playoff tournament extends into June, culminating with the NBA Finals championship series. The ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2004–05 NBA Season
The 2004–05 NBA season was the 59th season of the National Basketball Association (NBA). It began on November 2, 2004, and ended on June 23, 2005. The season ended with the San Antonio Spurs defeating the defending champion Detroit Pistons, 4–3, in the NBA Finals. Notable occurrences * The NBA made its return to Charlotte as the Charlotte Bobcats. The Bobcats played their first season at the Charlotte Coliseum. As of 2014, the Bobcats' first season was treated as the Hornets' 15th season due to the franchise reacquiring the records and history of the original franchise from the now-New Orleans Pelicans from 1988 to 2002. As a result, the 2002–03 and 2003–04 seasons were retconned as having "suspended operations". * This season also was the first year of the NBA's new divisional alignments, separating the league into six divisions of five teams instead of the previous four divisions of varying numbers of teams. As part of this realignment, the New Orleans Hornets moved f ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2003–04 NBA Season
The 2003–04 NBA season was the 58th season of the National Basketball Association (NBA). The season ended with the Detroit Pistons defeating the Los Angeles Lakers 4–1 in the 2004 NBA Finals. The 2003–04 NBA season was the culmination of the "dead-ball" era of the league, in which the NBA saw its lowest offensive rating since the 1998–99 season, at 102.9. The 2004 Eastern Conference Finals between the Pistons and Indiana Pacers saw scoring totals and efficiency hit historic lows, prompting the NBA to swiftly implement rule changes the following offseason in order to make it easier for offenses moving forward. As of 2025, the only active player in the NBA who has played games in the 2003–04 season is LeBron James. Events This was the last season for the original two-division format in both the Eastern and Western Conferences, before each of the conferences added a third division the following season. As a result, this would also be the final season for the NBA Midwes ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2002–03 NBA Season
The 2002–03 NBA season was the 57th season of the National Basketball Association (NBA). The season ended with the San Antonio Spurs beating the New Jersey Nets 4–2 in the 2003 NBA Finals. Notable occurrences *The Hornets relocate from Charlotte, North Carolina to New Orleans, Louisiana. At the time, the New Orleans Hornets were a continuation of the Charlotte Hornets franchise, but this was changed in 2014 after the second incarnation of the Hornets (originally the Charlotte Bobcats starting in 2004) purchased the records and history of the Hornets franchise from 1988 to 2002. As such, this was the first of two seasons in which the Charlotte NBA franchise "suspended operations" while the New Orleans NBA franchise was retconned as an expansion team. *At halftime of the Hornets' first game in New Orleans, the team retired Pete Maravich's jersey number against their former tenants, the Utah Jazz. Though Maravich never played for the Hornets, he had been a star player with L ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2001–02 NBA Season
The 2001–02 NBA season was the 56th season of the National Basketball Association (NBA). The season ended with the Los Angeles Lakers winning their third straight championship, beating the New Jersey Nets 4–0 in the 2002 NBA Finals. Notable occurrences * Kwame Brown became the first high school player to be drafted first overall when the Washington Wizards drafted him in the 2001 NBA draft. * The Grizzlies relocated from Vancouver, British Columbia to Memphis, Tennessee. They played their first three seasons at The Pyramid in Memphis. * The 2002 NBA All-Star Game was held at First Union Center in Philadelphia. Kobe Bryant of the Lakers took MVP honors amidst boos from the Philadelphia fans following a 135–120 victory by the West. Philadelphia was originally slated to host the 1999 All-Star Game but was awarded the 2002 game instead due to the 1999 lockout. * Prior to the start of the season, NBA and Chicago Bulls guard Michael Jordan, then part-owner of the Wash ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2000–01 NBA Season
The 2000–01 NBA season was the 55th season of the National Basketball Association. The season ended with the Los Angeles Lakers winning their second straight championship, beating the Philadelphia 76ers 4 games to 1 in the 2001 NBA Finals. Notable occurrences * The NBA All-Star Game was held at the MCI Center in Washington, D.C.. The East won 111–110, with Philadelphia's Allen Iverson being named the game's Most Valuable Player. The game is noted for the Eastern Conference's 21-point comeback in the fourth quarter. * The Grizzlies play their final season in Vancouver, British Columbia before relocating to Memphis, Tennessee for the following season leaving the Toronto Raptors as the only Canadian team left in the NBA. * Rick Pitino resigned as head coach and president of the Boston Celtics, ending a three-plus-year tenure filled with turmoil, disappointment and three consecutive below .500, non-playoff seasons. * The Dallas Mavericks played their final season at Reunio ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1999–2000 NBA Season
The 1999–2000 NBA season was the 54th season of the National Basketball Association. The season began on November 2, 1999, and ended with the Los Angeles Lakers winning the NBA championship, beating the Indiana Pacers 4 games to 2 in the 2000 NBA Finals. Notable occurrences *Effective this season, the first game of the NBA regular season begins on either the first Tuesday of November or the last Tuesday of October, and the last game on the third Wednesday of April. The NBA playoffs begin on the third Saturday of April. *Hall of Famer Wilt Chamberlain died on October 12, 1999, at 63. Wilt's former teams, the Lakers, Sixers, and Warriors honored him by sporting black patches for the rest of the season. *The Boston Celtics officially retired their trademark parquet floor on December 22, 1999, after 54 years. The floor would be replaced by a replica combining elements of the old floor and new wooden sections. *Two active players were killed in automobile accidents within four ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1998–99 NBA Season
The 1998–99 NBA season was the 53rd season of the National Basketball Association (NBA). Due to the lockout, the regular season was reduced to 50 games for each team, and began on February 5, 1999. The 1999 NBA All-Star Game, which was to be held at First Union Center in Philadelphia, was also cancelled as a result of the lockout. The playoffs then began on May 8, and ended on June 25 with the San Antonio Spurs defeating the New York Knicks in the 1999 NBA Finals. Lockout The third lockout in the history of the NBA lasted from July 1, 1998, to January 20, 1999. NBA owners were seeking changes to the league's salary cap system and a ceiling on individual player salaries. The National Basketball Players Association opposed the owners' plans and wanted raises for players who earned the league's minimum salary. As the labor dispute continued into September, the preseason was shortened to just two games instead of the normal eight, and training camps were postponed indefinitel ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1997–98 NBA Season
The 1997–98 NBA season was the 52nd season of the National Basketball Association (NBA). The season ended with the Chicago Bulls winning their third straight championship and sixth in the last eight years, beating the Utah Jazz 4 games to 2 in the 1998 NBA Finals. It also marked the departure of Michael Jordan and the end of the dynasty for the Chicago Bulls. This was the last time that both NBA and NHL regular seasons ended on the same day. Notable occurrences * The 1998 NBA All-Star Game was played at Madison Square Garden. However, the Slam Dunk Contest was not held, due to the risk of player injuries, lack of new dunking tricks and lack of big-name players in recent competitions. Instead, a 2Ball competition was held. Los Angeles Lakers guard Kobe Bryant became the youngest All-Star starter at age 19. The East beat the West, 135–114 for the third consecutive year, as Michael Jordan won his third All-Star MVP. * The Washington Bullets were renamed the "Wizards". The ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1996–97 NBA Season
The 1996–97 NBA season was the 51st season of the National Basketball Association (NBA). The league used this season to celebrate its 50th anniversary, which included the unveiling of the league's list of its 50 greatest players. This particular season featured what has since been acknowledged as one of the most talented rookie-classes, featuring the debuts of Allen Iverson, Ray Allen, Kobe Bryant, Steve Nash, Jermaine O'Neal, Ben Wallace and Stephon Marbury. The season ended with the Chicago Bulls defeating the Utah Jazz 4 games to 2 in the NBA Finals to win the franchise's 5th championship. 1996 NBA lockout The 1996 NBA lockout was the second lockout of four in the history of the NBA. It took place on July 10, 1996. The lockout was imposed after the league and the players union could not reach an agreement involving $50 million in profit sharing from television revenue. The league requested 50 percent of the profits be applied toward player salaries while the union pushe ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1995–96 NBA Season
The 1995–96 NBA season was the 50th season of the National Basketball Association (NBA), though the 50th anniversary was not celebrated until the following season. The Chicago Bulls defeated the Seattle SuperSonics 4 games to 2 in the NBA Finals to win their fourth championship. 1995 NBA lockout The 1995 NBA lockout was the first lockout of four in the history of the NBA. When the previous collective bargaining agreement expired after the 1993–94 season, a no-strike, no-lockout agreement was made in October 1994, with a moratorium on signing or restructuring player contracts. That moratorium expired on June 15, 1995, one day after the NBA Finals concluded. The expansion draft (which was held on June 24) and the NBA draft (which was held on June 28) were allowed to take place, but all other league business, including trades, free-agent signings, contract extensions, and summer leagues were suspendedBrown, Clifton"1995 NBA playoffs; NBA. Talks resume as lockout looms."'The N ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |