Bargnani extended, salary cap, pick barter
Raptors Republic - ESPN TrueHoop's Raptors Blog —
... Two major items this morning. The NBA has released the salary cap and tax level number for the upcoming season. The salary cap will be $57.7 million and the tax level is $69.92 million. The previous year’s salary cap was $58.68 million and the tax level was $71.15 million. The NBA states that “although the league-wide revenue increased by 2.5% this past season, the decrease in the salary cap and tax level for the 2009-10 season is the result of the formula used to set the cap and tax under the terms of the collective bargaining agreement.” So we all have a little less ...
Money Just Got Tighter in the NBA
FanHouse —
... According to the official release: "the Salary Cap for the 2009-10 season will be $57.7 million. The tax level for the 2009-10 season has been set at $69.92 million." For those scoring at home, that's down from $58.68 million and $71.15 million, respectively, in 2008-09. ...
NEW YORK -- The National Basketball Association today announced that the Salary Cap for the 2009-10...
Canis Hoopus —
... From the NBA league office. According to our handy-dandy contract info page, the Wolves currently have roughly $50 mil spread out over 12 players. Should they sign all 3 first round rookies, they are looking at a payroll of roughly $56.6 mil for 15 players. This is also the night where one would hope the Wolves are on the lookout for teams (like Portland) renouncing players to clear extra cap space for the free agents that can be signed after midnight EST. ...
6 Burning Questions: Free Agency Edition
Basketball Fiend —
... what cards he is holding and whether or not they will pay out. He is not a knee-jerk GM. (Like, say, Chris Wallace. Or David Kahn.) Which is why I think Pritchard will choose to either intelligently use his money on a value pickup (like, say, Leon Powe or Zaza Pachulia), or not use it at all. 6. What is the amount of the 2009-10 salary cap? What is the luxury cap cutoff? What will the mid-level exception be? That’s actually three questions. Don’t worry though. I’ve got you covered. NBA.com announced all three figures today . The salary cap has been set at $57.7 million. Despite ...
Introducing the New, Lower Salary Cap
SLAM Online —
by Marcel Mutoni
As expected, with the world economy being what it is, the NBA’s salary cap was reduced for the ‘09-’10 season.
Here’s the official press release from the L:
The National Basketball Association today announced that the Salary Cap for the 2009-10 season will be $57.7 million. The tax level for the 2009-10 season has been set at $69.92 million. Any team whose team salary exceeds that figure will pay a $1 tax for each $1 by which it exceeds $69.92 million. ...
Wednesday Bolts - 7.8.09
Daily Thunder.com —
... The new salary cap has been set: “The National Basketball Association today announced that the Salary Cap for the 2009-10 season will be $57.7 million. The tax level for the 2009-10 season has been set at $69.92 million. Any team whose team salary exceeds that figure will pay a $1 tax for each $1 by which it exceeds $69.92 million.” ...
Linkage for Jul 7 9pm to Jul 8 6pm
Raptors Republic - ESPN TrueHoop's Raptors Blog —
... NBA.com: NBA salary cap set for 2009-10 season The National Basketball Association today announced that the Salary Cap for the 2009-10 season will be $57.7 million. The tax level for the 2009-10 season has been set at $69.92 million. Any team whose team salary exceeds that figure will pay a $1 tax for each $1 by which it exceeds $69.92 million. ...
Expectations and Frustrations
BobcatsPlanet.com —
... the Bobcats are at 20. No where near the Luxury Tax threshold of $69.92 Million. Right now there are 10 teams above and the 'Cats are in the bottom third. So, we're all thinking "Come the heck on!" I don't have the answer. Just pick somebody: ...
Knicks Salary Cap and Some Pizza
SLAM Online —
... What does this all mean for 2010? The Knicks only have six players against the cap in 2010 so far (Wilson Chandler, Curry, Jeffries, Gallinari, Hill and Douglas), at around $22 million. We’ve read the apocalyptic cap scenario released by the League, predicting it may drop to as low as $50 million if the economy doesn’t improve. The cap for this season is $57.7 million, with a $69.92 million luxury tax level. The Knicks payroll this season is about ...
THE KNICKS: NOT TOO BIG TO FAIL
With Leather - Sports news and gossip, panda sex, and the occasional Toonces the driving cat Photoshop —
... The NBA maintains wage controls, in the form of a specific but exception-laden salary cap, to prevent that sort of talent hoarding from happening. Kinda like that “whore fund” that your buddies took to Vegas that one time. And I guess it works, since the New York Knicks have become a perennial laughingstock in the NBA’s biggest market, and free agency seems like the least likely answer to get them on track. ...
