The NBA announced that the salary cap has been set at $154.647 million for the 2025-26 season, while the tax level is $187.895 million. The first apron level is set at $195.945 million, and the second apron level is $207.824 million. The salary cap and tax level went into effect at 12:01 a.m. ET on Tuesday.

NBA free agency is underway, and after a week, some notable names remain unsigned. That includes Jonathan Kuminga and Josh Giddey, who are both restricted free agents this summer.

Adding Kyle Lowry, as confirmed by The Athletic's Tony Jones, leaves the 76ers $19.7 million from the second apron with 14 players signed. Restricted free agent Quentin Grimes is presumably left to fill the 15th roster spot.