 In 2014, a new CBA was ratified and the salary cap was raised to $5 million per team, with that amount increasing again by $50,000 each year until 2018.Financial penalties for teams that breach the cap are set at $1 to $1 for the first $100,000 over, $2 to $1 for $100,000 to $300,000 over, and $3 to $1 for $300,000 and above.Penalties could also include forfeited draft picks.