$55.63 million for 2007-2008
NBA salary cap rules are determined by taking a percentage of the previous years revenues.
According to nba.com, the NBA instituted a salary cap prior to the 1984-85 season. The salary cap that first year was $3.6 million. The salary cap for the 2007-08 season is $55.63 million.
Unlike the NFL and NHL, the NBA features a so-called "soft" cap, meaning that there are several significant exceptions that allow teams to exceed the salary cap to sign players. This is done to allow teams to keep their own players, which, in theory, fosters fan support in each individual city. By contrast, the NFL and NHL caps are considered "hard," meaning that they offer relatively few (if any) circumstances in which teams can exceed the salary cap.
The salary cap for the 2007 season is set at $109 million. Click on the related link for the salary cap status of all 32 teams.
No.
In the NBA draft there are 2 rounds, and each team gets one pick per round unless traded or forfeited for salary-cap issues. There are 30 teams, so there are 60 picks in the NBA draft.
Depends on their salary cap
NFL football and NBA basketball
1.5 to 2 million a year
NBA cash considerations are monetary payments made by teams as part of player trades and transactions. These payments can help balance out the value of players being exchanged or compensate for differences in salary. Cash considerations are often used to sweeten a deal or facilitate trades when teams are looking to stay under the salary cap.
For the 2010 season, there is no salary cap in the NFL. The NFL owners opted out of the collective bargaining agreement made with the players in 2006. Since there is no agreement, there is no cap. Certainly, any new agreement will contain a salary cap. If there is not a new agreement in place by the start of the 2011 season, there will be no NFL football. For the 2009 season, the NFL salary cap was $127 million.
NBA bonus rules are incentives added to player contracts based on performance metrics like scoring or making the All-Star team. These bonuses can impact a player's total earnings and the team's salary cap, as they count towards the team's overall spending limit. Teams must carefully manage bonuses to stay under the salary cap and avoid financial penalties.