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Leading up to and during those negotiations, you'll likely hear the terms "salary cap" and "cap space" used by analysts to describe whether or not teams are in the running for specific players.
The NBA informed teams Tuesday that it intends the salary cap to increase 10% for the 2025-26 season, sources told ESPN on Tuesday. The growth in the salary cap next season is the maximum allowed ...
Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and local tax (SALT) deduction cap could be the tallest to surmount.
The House Ways and Means Committee in a Monday meeting proposed raising the cap on state and local tax deductions to $30,000 but limiting them to those earning under $400,000, according to people ...
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