Pels max roster salary.

quote:

---

We could go over the cap using the mid level exception or bi annual exception

---

quote:

---

So being under the cap does not necessarily mean a team has room to sign free agents. For example, assume the cap is $58 million, and a team has $51.5 million committed to salaries. They also have a Non-Taxpayer Mid-Level exception for $5 million and a trade exception for $5.5 million. Even though their salaries put them $6.5 million under the cap, their exceptions also count toward their team salary, increasing their total to $62 million, or $4 million over the cap. So the team actually has no cap room to sign free agents, and instead must use its exceptions to sign players. Teams have the option to renounce their exceptions in order to reclaim their cap room.

A rule of thumb is that a team may have either exceptions or cap room, but it can't have both at the same time.

---