The salary cap rose to $70 million for the 2015-16 season, an increase of 11 percent and nearly $7 million from a year ago, the NBA announced Wednesday night. The cap for next season originally was projected around $67.1 million. Shortly before free agency began, however, CBS Sports reported that the number would be at least $1 million higher and perhaps as much as $2 million higher. In fact, it is $3 million higher, the sort of anecdotal information that will
Hours before the moratorium period ended and free agency began Wednesday, the NBA released its financial figures for the 2014-15 season. We have taken those figures and – with the help of folks like Larry Coon and Mark Deeks – have laid out the amounts for all of the exceptions and maximum salaries available to players this season. TEAM SALARY The salary cap will be $63.065 million. That is slightly lower than published projections but still represents a 7.5 percent increase over last season’s $58.679
When the clock strikes 12 in several minutes, ending the moratorium period and beginning the feeding frenzy of free agency, these are the numbers NBA teams will be working with for the 2012-13 season as announced by the league Tuesday night: The salary cap will be $58.044 million. That is the same amount it was last season. The luxury tax threshold will be $70.307 million. That is also the same as last season. Any team whose payroll exceeds the threshold has to