NBA weighs major overhaul to limit team spending in new collective bargaining agreement
Fox News
In an effort to create league-wide balance, the NBA is looking to restrict how much teams can spend to build rosters by initiating an "upper spending limit."
Currently, teams are allowed to spend above the NBA salary cap, but they are penalized with a luxury tax. The newly-proposed "upper spending limit" would create an absolute spending ceiling that effectively eliminates the luxury tax option. Chantz Martin is a sports writer for Fox News Digital.
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