Over half of the NBA's 30 teams face some sort of hard cap for the rest of the 2024/25 league year. A total of 14 clubs are hard-capped at the first tax apron ($178,132,000) as a result of moves they made on the trade market or in free agency, while three more are hard-capped at the second tax apron ($188,931,000).
Those teams won't be permitted to surpass their respective hard caps for any reason for the rest of '24/25, and it's entirely possible - likely, actually - that more clubs will join them on that list as they finalize in-season signings and trades in the coming months. Just a couple weeks ago, the Grizzlies became the 17th team to get hard-capped when they used a portion of their non-taxpayer mid-level exception to sign Scotty Pippen Jr.
[RELATED: How NBA Teams Become Hard-Capped]
However, in most cases, a hard cap doesn't actually serve as a material obstacle for a team. For instance, the Hornets are currently hard-capped at the first apron, but their team salary for apron purposes is more than $16MM below that threshold.
While the Hornets could take on some additional salary in a pre-deadline trade, it's extremely hard to imagine a scenario in which they surpass the luxury tax line ($170,814,000), let alone approach their $178MM+ hard cap. Certainly, Charlotte's front office should be aware of that hard cap over the course of the season, but it shouldn't be a front-of-mind concern that would prevent the team from pulling the trigger on any moves it realistically wants to make.
Not every team can afford to approach its hard cap like the Hornets though. For a handful of clubs, the hard cap will be a day-to-day consideration that affects a team's ability to sign a free agent, make a trade, or even carry a full 15-man roster.
Let's take a closer look at which teams have to be most aware of their hard caps over the course of the 2024/25 league year.
Weak and boring owners caused it…
As a non subscriber, I’m going to guess that the Knicks, Mavs, and Warriors are the three teams.