CBA will implement a salary cap next season, with a top salary of 9 million yuan for players

15 Jul

CBA will implement a salary cap next season, with a top salary of 9 million yuan for players

CBA will implement a “salary cap” next season, with a top salary of 9 million yuan for players
Yao Ming did not stop at the reform of Chinese basketball.Figure / Osports Today ‘s CBA Club Investor Conference adopted the player “salary cap” system. Starting from the 2020-2021 season, the player ‘s top salary is 900 million, the club ‘s initial salary cap is 48 million yuan, and it is only for domestic players.After the meeting, the CBA Alliance issued a joint declaration of “Dare to Dream, Dare to Be Dangdang”, saying that the painful defeat of the Chinese men’s basketball team in the World Cup will be painful, further deepening the CBA league reform.Focus on promoting the player’s “salary cap system” to gradually increase the mobility of domestic players; optimize the league’s foreign aid policy, set the number of foreign aid registrations and playing time more rationally, improve domestic players’ competition and competition level; implement more reasonable club accessInto the system; at the same time cooperate with the Chinese Basketball Association, increase the club youth training supplement.The specific rules of the “salary cap” that have received much attention are as follows: from the 2020-2021 season, the upper limit of the club’s initial salary cap is 48 million yuan, and the lower limit is 24 million yuan.Clubs whose actual contractual wage expenditure exceeds the upper limit of the salary cap or exceeds the lower limit of the salary cap shall pay the youth training adjustment fee to the league (the proportion is increasing year by year, and it will be 100% from the 2022-2023 season).The adjustment fee is used exclusively by the league for the youth training and CBA brand youth events.In addition, the maximum contract salary for players in the 2020-2021 season will be reduced to 9 million yuan.The salary cap, which will be implemented from next year, is only for domestic players and is limited to newly signed contracts. The existing contracts between players and clubs will not be hindered.