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The first agreement stated that the top five salary teams in each year would pay a 34% fine on each dollar a team spent beyond halfway between the salaries of the fifth and sixth teams. For example, if the fifth-highest salary team had a payroll of $100 million and the sixth-highest salary team had a payroll of $98 million, the top five teams ...
From 2012 through 2016, teams who exceed the threshold for the first time must pay 17.5% of the amount they are over, 30% for the second consecutive year over, 40% for the third consecutive year over, and 50% for four or more consecutive years over the cap.
Larry Bird became the first player to earn $5 million or more with a salary of $7,070,000 in the 1991–92 season. Magic Johnson became the first player to earn $10 million or more in the 94–95 season with a salary of $14,660,000. Patrick Ewing became the first player to earn $15 million or more in the 95–96 season with a salary of $18,724,000.
The salary cap, known officially as Total Player Payments, is A$13,165,950 for the 2020 season with a salary floor of $12,507,652.50. Both the salary cap and salary floor has increased substantially since the competition was re-branded as the AFL in 1990 to assist in stemming the dominance of other high membership clubs, such as Adelaide ...
Teams are limited in what they can offer an unrestricted free agent with two years or less experience. The maximum first-year salary in an offer sheet is the mid-level exception. The second-year salary can be raised a maximum of 4.5%. The third year salary is limited to the maximum a team has available in their salary cap.
The countries and territories on the map have a net average monthly salary (adjusted for living costs in PPP) of: Purple. above $4,000. Green. $3,000 to $3,999. Blue. $2,000 to $2,999. Orange. $1,499 to $1,999.
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