NBA Projecting a Higher Salary Cap Figure

by April 16, 2010
25

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.”