Technically, the NBA has a floor. It's at 85% of the soft salary cap (~50 million). Houston had the lowest salary this year at 55 million, so being under 50 million is really hard to do, so the floor isn't really in play too much.
The current cap is at 58 million, and just taking all NBA salaries and dividing by 30, the minimum hard cap would have to be at 70.7 million to accommodate all of the current contracts. Big market teams would love to freely spend 71 million without penalty.
The current cap is at 58 million, and just taking all NBA salaries and dividing by 30, the minimum hard cap would have to be at 70.7 million to accommodate all of the current contracts. Big market teams would love to freely spend 71 million without penalty.