
Salary Cap Exceptions
Salary cap exceptions are special rules in professional sports that allow teams to sign or retain players even when they have limited salary cap space. These exceptions help teams address specific needs, like signing a star player who becomes a free agent or retaining a player returning from injury. Examples include the Mid-Level Exception or Bird Rights. They provide flexibility within the league's salary cap, ensuring teams can build competitive rosters while maintaining fairness and competitive balance across the league.