NBA Salary Cap Projected to Grow 7.7%
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NBA Salary Cap Projected to Grow 7.7%
http://basketball.realgm.com/wiretap/233008/NBA-Salary-Cap-Projected-To-Increase-By-7.7-Percent
NBA Salary Cap Projected To Increase By 7.7 Percent
Apr 18, 2014 9:19 PM EDT
The NBA 2014-15 salary cap is now projected to be $63.2 million and the tax level is projected to be $77.0 million. The numbers for 2015-16 are now projected to be $66.5 million and $81.0 million, respectively.
The official numbers won't come out until July when the NBA conducts its audit.
The salary cap and luxury tax values for the current season are $58.679 million and $71.748 million, respectively, which means the new cap projection for next season represents a 7.7% increase over this season.
The original revenue forecast for 2014-15 was $4.66 billion, so with an actual revenue of $4.75 billion, the players would get 60.5% of the difference, or $54.45 million, on top of their 50% guarantee ($2,33 billion), for a total of about $2.384 billion.
The increase could make signing Carmelo Anthony far more viable for the Houston Rockets and Chicago Bulls.
Via Larry Coon/CBAFaq
bob
.
NBA Salary Cap Projected To Increase By 7.7 Percent
Apr 18, 2014 9:19 PM EDT
The NBA 2014-15 salary cap is now projected to be $63.2 million and the tax level is projected to be $77.0 million. The numbers for 2015-16 are now projected to be $66.5 million and $81.0 million, respectively.
The official numbers won't come out until July when the NBA conducts its audit.
The salary cap and luxury tax values for the current season are $58.679 million and $71.748 million, respectively, which means the new cap projection for next season represents a 7.7% increase over this season.
The original revenue forecast for 2014-15 was $4.66 billion, so with an actual revenue of $4.75 billion, the players would get 60.5% of the difference, or $54.45 million, on top of their 50% guarantee ($2,33 billion), for a total of about $2.384 billion.
The increase could make signing Carmelo Anthony far more viable for the Houston Rockets and Chicago Bulls.
Via Larry Coon/CBAFaq
bob
.
bobheckler- Posts : 61300
Join date : 2009-10-28
Re: NBA Salary Cap Projected to Grow 7.7%
Adding $5-6M to the cap and tax would work wonders for contract extensions, too.
KJ
KJ
k_j_88- Posts : 4747
Join date : 2013-01-06
Age : 35
Re: NBA Salary Cap Projected to Grow 7.7%
Maybe Ainge will have an easier time keeping Avery.
KJ
KJ
k_j_88- Posts : 4747
Join date : 2013-01-06
Age : 35
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