CBA readjusts salary cap for upcoming season

Source: Xinhua| 2021-06-08 11:29:10|Editor: huaxia

BEIJING, June 8 (Xinhua) -- The Chinese Basketball Association (CBA) league's salary cap is set to undergo some changes for the coming season.

For the 2020/21 season, the CBA introduced a salary cap for the first time in history. According to regulations released on Monday, for the 2021/22 season, each club's total salary for domestic players should be kept between 16 million RMB (around 2.5 million US dollars) and 44 million RMB (around 6.88 million US dollars), with a benchmark value of 24 million RMB (around 3.75 million US dollars). Any club with a total salary amount over 44 million RMB or below 16 million RMB will be charged.

Under the new pay structure, a domestic player cannot earn more than six million RMB (around 937,800 US dollars), down from eight million RMB (around 1.25 million US dollars) last season.

Regarding foreign players, the league has lowered the salary cap from seven million US dollars to five million, with a different ratio applied in charging the clubs in case of violation. Enditem