SPORTS CBA readjusts salary cap for upcoming season

SPORTS

CBA readjusts salary cap for upcoming season

Xinhua

17:41, June 08, 2021

Guo Ailun (3rd L) of Liaoning Flying Leopards breaks through during the second game of the finals between Guangdong Southern Tigers and Liaoning Flying Leopards at the 2020-2021 season of the Chinese Basketball Association (CBA) league in Zhuji, East China's Zhejiang province, April 29, 2021. (Photo: Xinhua)

BEIJING - 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) and 44 million RMB (around $6.88 million), with a benchmark value of 24 million RMB (around $3.75 million). 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), down from eight million RMB (around $1.25 million) last season.

Regarding foreign players, the league has lowered the salary cap from $7 million to $5 million, with a different ratio applied in charging the clubs in case of violation.

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