95%, but lately a lot of quality guys are not finding the market, they hoped for, and settle for shorter contracts, if teams are willing add some money per year, so you fill your space with 1-2 year contracts and have pseudo cap space. Thing is even if you don't get to 95%, the money up to 95% mark are shared among your players, according to their part of team salary: player, who makes twice as much, get two time bigger cut of the money.