CapmathCapmathThe rulebook
Every concept behind the numbers, in plain English, and live on every team's cap sheet.
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Salary capWhat is the salary cap? →Salary floorWhat is the salary floor? →Luxury taxWhat is the luxury tax? →First apronWhat is the first apron? →Second apronWhat is the second apron? →Position
Cap spaceWhat is cap space? →Building over the capHow do teams build over the cap? →Hard capWhat is the hard cap? →Exceptions
Mid-level exception (non-taxpayer)What is the mid-level exception (non-taxpayer)? →Taxpayer mid-level exceptionWhat is the taxpayer mid-level exception? →Room mid-level exceptionWhat is the room mid-level exception? →Bi-annual exceptionWhat is the bi-annual exception? →Holds
Cap holdWhat is the cap hold? →RenouncingWhat does renouncing a free agent mean? →Minimum cap holdWhat is the minimum cap hold? →Draft pick holdWhat is the draft pick hold? →Incomplete-roster chargeWhat is the incomplete-roster charge? →Bird rights
Bird rightsWhat are Bird rights? →Early Bird rightsWhat are Early Bird rights? →Non-Bird rightsWhat are non-Bird rights? →Contracts
Player optionWhat is a player option? →Team optionWhat is a team option? →Early termination optionWhat is an early termination option? →Two-way contractWhat is a two-way contract? →Dead moneyWhat is dead money? →Max salary tiersHow do NBA max salaries work? →Rookie scaleWhat is the rookie scale? →Veteran minimumWhat is the veteran minimum? →