The salary cap imposed for teams participating in the Korean Basketball League (KBL) in South Korea for the 2023/2024 season was 2.8 billion South Korean won including incentives. According to the source, the team that used up the most of its salary cap for the 23/24 KBL season was Jeonju KCC Egis, with the team exceeding the salary cap at around 109.8 percent.
Salary cap for teams in the Korean Basketball League (KBL) in South Korea from 1997 to 2024
(in billion South Korean won)
Season
Salary cap in billion South Korean won
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Korean Basketball League. (October 10, 2023). Salary cap for teams in the Korean Basketball League (KBL) in South Korea from 1997 to 2024 (in billion South Korean won) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1134864/south-korea-salary-cap-korean-basketball-league/
Korean Basketball League. "Salary cap for teams in the Korean Basketball League (KBL) in South Korea from 1997 to 2024 (in billion South Korean won)." Chart. October 10, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1134864/south-korea-salary-cap-korean-basketball-league/
Korean Basketball League. (2023). Salary cap for teams in the Korean Basketball League (KBL) in South Korea from 1997 to 2024 (in billion South Korean won). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1134864/south-korea-salary-cap-korean-basketball-league/
Korean Basketball League. "Salary Cap for Teams in The Korean Basketball League (Kbl) in South Korea from 1997 to 2024 (in Billion South Korean Won)." Statista, Statista Inc., 10 Oct 2023, https://www.statista.com/statistics/1134864/south-korea-salary-cap-korean-basketball-league/
Korean Basketball League, Salary cap for teams in the Korean Basketball League (KBL) in South Korea from 1997 to 2024 (in billion South Korean won) Statista, https://www.statista.com/statistics/1134864/south-korea-salary-cap-korean-basketball-league/ (last visited July 22, 2024)
Salary cap for teams in the Korean Basketball League (KBL) in South Korea from 1997 to 2024 (in billion South Korean won) [Graph], Korean Basketball League, October 10, 2023. [Online]. Available: https://www.statista.com/statistics/1134864/south-korea-salary-cap-korean-basketball-league/