
League Minimum
In professional sports leagues like the NBA or NFL, the "league minimum" refers to the smallest amount a team can pay a player who is under contract. It is a set baseline salary established by the league, ensuring all players receive a fair minimum compensation regardless of experience or skill level. This minimum salary varies depending on factors such as the player's years in the league. The purpose is to maintain economic balance among teams and prevent teams from paying below a standard amount, supporting a fair and organized competitive environment.