Kings and the hard salary cap 

July, 4, 2014
Jul 4
7:43
AM ET
The Sacramento Kings have agreed to sign point guard Darren Collison by using all of the $5.3 million Non Taxpayer mid-level exception and the contract will be officially signed on July 10. Once the deal is finalized the Kings will operate with a hard cap for the duration of the 2014-15 salary cap year, which runs until June 30, 2015.