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Live broadcast on July 25, CBA officially announced the 2023-2024 CBA league player draft, salary cap, employment and transaction management regulations.

Article 74 stipulates that the maximum basic salary of domestic players is 6 million yuan, and the overall performance salary is the highest in the 13-20th place, the highest in the 3-12th place, the highest in the 5 million th place, the highest in the second place, the highest in the 10 million th place, and the highest in the first place is 20 million. The overall salary cap of foreign aid shall not exceed 4.25 million dollars.

Domestic players and foreign aid who exceed or exceed the salary cap must pay mediation fees to the alliance.

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