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salary cap
noun
a maximum limit on salaries.
Sports., an upper limit to the combined salary of an entire team.
Example Sentences
The calls for a salary cap are nothing more than justifications by cheap owners for their refusal to invest in the civic institutions under their control.
And now, the company is at the center of a NBA investigation into whether a $28-million deal the firm cut with Clippers star Kawhi Leonard was designed to help the team circumvent the league’s salary cap.
The investigation follows information detailed in the “Pablo Torre Finds Out” podcast, which reported that Leonard’s deal amounted to a no-work contract meant to circumvent the NBA’s salary cap rules.
The salary cap limits how much teams can spend on player payroll.
In the statement, Cherny said he does not remember any conversations about the NBA’s salary cap when the contract between Leonard and Aspiration was signed.
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