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The NBA uses a soft salary cap, allowing teams to exceed it in certain circumstances, such as retaining their own players.

MLB does not have a salary cap but has a luxury tax for high payrolls, termed a 'Competitive Balance Tax'.

Players released due to salary cap constraints are often referred to as 'cap casualties'.

Violating salary cap rules can lead to penalties such as fines, loss of draft picks, or voided contracts.

Fully guaranteed contracts directly impact salary cap figures, whereas non-guaranteed money does not.

Some international leagues use salary caps, similar to those in US sports, to balance competition.

MLS has a salary cap but allows for certain players ('Designated Players') to exceed the cap.

Teams paying the luxury tax in the NBA are penalized for exceeding the salary cap to a certain threshold.

NFL teams use tools like franchise tags, signing bonuses, and back-loaded contracts to manage the cap.

The NFL salary cap is a hard cap that all teams must adhere to, based on league revenue.

Salary floors ensure teams spend a minimum amount on player salaries, promoting competitive balance.

The NHL has a hard salary cap based on a percentage of the league's total hockey-related revenues.

Salary caps influence team roster composition, player retention, and contract negotiations.

Teams in rebuilding phases might strategically use cap space to acquire draft picks or young players.

The term of player contracts can be influenced by the salary cap, with some leagues limiting contract length.

The NBA has several exceptions that allow teams to exceed the cap, such as Mid-Level, Bi-Annual, and Rookie exceptions.

There are hard caps, soft caps, and luxury tax systems to control team spending in professional leagues.

The NFL allows teams to carry over unused cap space from one year to the next.

Teams must balance paying for performance with the constraints of the salary cap, affecting team roster decisions.