Friday, April 16th, 2010 at 3:00 pm  |  11 responses

NBA Projecting a Higher Salary Cap Figure

Time for teams with plans to spend big this summer on free agents to rejoice, reports the AP: “NBA commissioner David Stern said on Friday that the league is projecting the cap to come in at about $56.1 million. The actual number won’t be determined until early July, before teams can begin officially signing players. Though that figure would still be lower than this season’s $57.7 million cap, it’s far better than estimates from last summer, when the league sent a memo to teams warning them of a potential sharp drop to between $50.4 million to $53.6 million.”

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  • slamfan4life

    This should make a lot of stars happy

  • Zach

    This just does not make sense. When the economy is bad, you should try to save money for the owners and on the other hand still encourage them to improve the team. Therefore, the cap should be higher in bad years but not lower.

  • http://www.slamonline.com/ niQ

    Just in time for Summer 2010? What a coincidence… or is it? lol

  • tavoris

    Zach-the cap is determined by league revenues, not by Stern’s planning. This is a sign that teams did better this season (financially) than they anticipated.

  • http://slamonline.com Allenp

    Tavoris for the win.
    This undermines Stern’s and the owner’s bargaining position.
    Or it would if the media didn’t so easily fall for the meme that athletes are overpaid louts.

  • http://www.jewelzlopez.com -Mas-

    Max players are going to get max money no matter what the cap was. This opens the door for mid level players to get good money and lower level players to make a descent living. This is good and could help many teams become competitive quicker. It’s just money. “Work is good provided you do not forget to live” -Bantu

  • http://djsfklf.com Jukai

    Tavoris and Allenp: That’s it ‘officially’
    I mean, is it above Stern and his goonies to raise the cap even though projections show it should be smaller to raise the 2010 free agency bar?

  • Zach

    tavoris:

    Thanks. I know how they determine the cap. I am just saying that I think this rule should be changed. Those teams in smaller markets can afford better players and that would eventually drive the league’s revenue up. It’s a win-win.

  • MikeC.

    Time to queue up all the conspiracies about Stern fixing the salary cap so that NY can fit Lebron and Bosh under the cap.

  • http://thetroyblog.com Teddy-the-Bear

    ^ As long as they aren’t the “Bent Corner Conspiracy,” I say bring them on!

  • tavoris

    Stern doesn’t fix the cap-the team owners would have none of that. They want the cap as low as humanly possible-which would force players to take lower (and shorter) contracts. It would make no business sense for the cap to be manually adjusted up right before the CBA expires. Side Note: New York already had enough money to sign 2 max free agents this summer…but the Cavs have the assets and flexibility to re-sign James & pick up another max free agent in a sign & trade. Which destination do you think is more attractive?

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