NBA salary cap rises to $154.647M for 2025–26 season

The NBA has officially set the salary cap for the 2025–26 season at $154.647 million, marking the maximum allowable 10% increase from last season. Alongside the new cap, the luxury tax threshold has been established at $187.895 million, with both figures taking effect on Tuesday.

The league also confirmed several key financial benchmarks for the upcoming season:

• Minimum team salary: $139.182 million
• First apron level: $195.945 million
• Second apron level: $207.824 million

Midlevel exception amounts were finalized as well, with $14.104 million for non-taxpayer teams, $5.685 million for taxpayer teams, and $8.781 million for teams operating under the cap.

The NBA’s free agency moratorium is set to lift at noon on Sunday, allowing most player signings to officially begin. Looking ahead, the 2026–27 salary cap is currently projected to rise by 7% to approximately $165.5 million, though that figure won’t be finalized until June 2026.