Twenty teams already are into their offseason and will be joined by two more this weekend. That means those teams already are looking at a free agent market that will be the last as we have come to know it. The projected salary cap for teams this summer is $67.1 million with a projected tax line of $81.6 million. The cap is rising more than 6 percent from last summer’s $63.065 million, which is actually a smaller increase than the jump
VIDEO: No Smoothing Means $90 Million Cap; Fiscal Insanity?
Now that the NBA Players union has rejected the league’s “smoothing” proposal to gradually increase the salary cap, we are going to see extraordinary financial changes over the next several years. When the NBA’s new television money kicks in for the 2016-17 season, the salary cap — currently at $64 million — will jump to an estimated $90 million. That means a player like Kevin Durant, who will be eligible for a starting salary worth slightly less than 35 percent of
Schayes: Smoothing could mean $1 million payouts for all NBA players
The NBA has again taken a monumental step forward in its business. In 2016 the league will enter into a new television contract that will more than double in size from the previous one. And since the TV revenue is the largest component of revenue that is counted as the total pot shared with the players (Basketball Related Income, or BRI) the effect on the salary cap is obvious. It’s going up. Up is actually an understatement. The cap will be going