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Starting at 12:01 a.m. ET on Tuesday, July 1, the Salary Cap and Tax Level will be implemented. Teams will have the opportunity to begin discussions with all free agents today at 6:00 p.m. ET, which is six hours before the commencement of the league’s “moratorium period.” This moratorium will conclude at noon ET on Sunday, July 6.
According to the Collective Bargaining Agreement, there are three distinct Mid-Level Exceptions based on a team’s salary tier. For the 2025-26 season, the Non-Taxpayer Mid-Level stands at $14.104 million, the Taxpayer Mid-Level is set at $5.685 million, and teams with available space under the Salary Cap will have a Mid-Level of $8.781 million.
