A salary cap is a limit on the amount teams can spend on player contracts, which helps to maintain competitive balance in the league. Without a salary cap, teams with deeper pockets can simply outspend the remaining teams for the better free agents. The basic idea is that a team can only sign a free agent if the total payroll for the team will not exceed the salary cap. So a team with deep pockets is playing on a level playing field with every other team.

Each July the league projects Basketball Related Income (BRI) and benefits for the upcoming season. They take a defined percentage of projected BRI (see the chart below), subtract projected benefits (about $112 million in 2005-06), and make adjustments based on whether the previous season's BRI was above or below projections. They then divide by the number of NBA teams (except expansion teams in their first two seasons) to arrive at the cap.

LARRY BIRD EXCEPTION -- This is the best known one. Players who qualify for this exception are called "Qualifying Veteran Free Agents" in the CBA, and this exception is a component of the Veteran Free Agent exception. This exception allows teams to exceed the salary cap to re-sign their own free agents, up to the player's maximum salary. The player must have played for three seasons without being waived or changing teams as a free agent.

Not to exceed the player's maximum salary, based on years of service (see question number 11). If the difference in salary between the last two seasons of the player's contract exceeded $4 million, then the percentage is based on the average salary in the last two seasons of the contract.

Unsigned first round picks are included in team salary immediately upon their selection in the draft. They count as 100% of the scale salary for that pick, unless there is a verbal agreement for a higher salary. An incident occurred prior to the 1997-98 season when Vancouver's first round pick, Antonio Daniels, revealed in an interview that he and the team had verbally agreed to a contract starting at the maximum salary (120% of the scale amount).

The agreed-upon buy-out amount (see question number 59) is included in the team salary instead of the salary called for in the contract. If the player had more than one season left on his contract, then the buy-out money is distributed among those seasons in proportion to the original salary. For example, say a player had three seasons remaining on his contract, with salaries of $10 million, $11 million and $12 million. The player and team agree to a buyout of $15 million.

For the salary cap, the value of a trade bonus is applied to the team salary among the remaining years of the contract (excluding non-guaranteed years -- see question number 90, and years following an Option or ETO -- see question number 50), in proportion to the percentage of salary in each of those seasons that is guaranteed. For example, suppose the player from question number 83 is traded at the start of the fifth season of his contract.

His actual salary is included in the team salary. BYC is used only when comparing salaries for trades. There's no specific rule that prohibits trading base year players in a two-team deal. But the way the numbers work, it's not always possible unless one of the teams dumps additional salary onto a third team. an example, let's say Player A plays for Washington. He earned $3 million last season and re-signed as a free agent for $10 million.

The money you are given when you sign up for a team should be thought of as cash on hand. Imagine an owner has hired you to be the GM of their team and has given $100M to spend. That's all you get. Once you run out you have to live with your team... Once you win a player at auction you have to pay that player's salary for the year. It's just like real life where you might sign a guy and then he performs terribly (or gets injured) so you really don't want him anymore.

No, the budget bulletins prohibiting payment of the general salary increase and performance advances to certain M/C staff earning $75,000 or more in 2002 and withholding performance advances and merit payments from all M/C staff in 2003 were superseded in 2004 when the Budget Director issued instructions implementing the 2004 M/C pay bill legislation providing for a 2.

Once you have logged in just click on the top tab for fantasy football or the button on your after login page. Once you go there for the first time you will be asked to set up a team and have the option to join a group as well. You can read more about the rules of the game and the prizes at http://salarycap.fanpage.com/help/rules.asp

Yes, for every upgraded player you have on your roster when player upgrades are announced, your salary cap will lincrease by the upgraded amount.

The owners' cap proposal has been withdrawn, but it's still an important reference point in discussions of the strike. A salary cap is an agreement which places an upper limit (and sometimes a lower limit) on the money each team can spend on player salaries. The owners' proposal was to limit each team's salaries to 50% of average team revenues for the previous year; every team would be required to have salaries between 84% and 110% of that level.

When the NBA instituted a cap, the league was in financial trouble; four teams were on the brink of bankruptcy and most of the others were in trouble. The owners opened their books to the players to prove this. The teams and union agreed to a cap of salaries at 53% of revenues, which was reportedly higher than the 50% that the players had earned the previous year. The cap level has now been raised to 59%; there are also ongoing disputes about how to allocate certain types of revenue.

There is no fundamental relationship. The reason they are tied together is that the baseball owners want them tied together. Large-market owners will lose money from revenue sharing, and thus have no reason to accept it in isolation. Thus their acceptance of revenue sharing was contingent on the passage of a salary cap, which will guarantee their own profits, and force small-market owners to spend the increased revenue rather than pocketing it.

The NIH salary cap is the highest amount of direct salary that a faculty member can charge to a grant. The amount is tied to the category of Executive Level I of the Federal Executive Level Pay Scale. This amount is subject to change. Salary rates by year can be found at the following website: http://grants2.nih.gov/grants/policy/salcap_summary.htm. If a faculty member's salary is higher than the NIH cap, the proposal budget should reflect the actual base salary.

The basic idea is to try to promote players' ability to stay with their current teams. Nobody likes it when a player plays with a team his entire career, the fans love him, he wants to stay and the team wants to keep him, but he has to leave because the team is unable to offer him a large enough contract. The exceptions under a soft cap allow teams to keep players under these kinds of circumstances.

The Client Assistance Program (CAP) is the liaison to help ensure that all eligible Nevadans with disabilities receive services as provided by the federal Rehabilitation Act.