ducks
12-25-2009, 09:53 AM
Drastic drop not expected in NBA salary cap
By Mark J. Miller
With the economy not as strong as it once was, the NBA was bracing itself before the season got started for a lot of empty seats. But things have gone much better than expected, which is making all those players that will become free agents this summer very happy because it means that the salary cap certainly won't drop as much as some were expecting.
Some had thought that salary-cap drop could be as much as $6 million or $7 million, according to ESPN, but that seems like an outsize number at this point. It is still expected that the cap will drop while simultaneously the streets swell the number of talented free agents becoming available this summer.
The current salary cap is $57.7 million and ESPN has dug up what a few teams are projecting to be the numbers for next season as they plan out their free-agent-signing strategies: The Miami Heat apparently has the biggest projected drop in the cap and is planning around a budget of $52 million. Meanwhile, the New York Knicks are banking on the number being closer to $53 million. And the New Jersey Nets are hoping things don't drop that much and are projecting a budget of between $54 million and $55 million to work with.
http://sports.yahoo.com/nba/rumors;_ylt=AgVK57ZgXHXRWaCa_VJ6tgaLvLYF
By Mark J. Miller
With the economy not as strong as it once was, the NBA was bracing itself before the season got started for a lot of empty seats. But things have gone much better than expected, which is making all those players that will become free agents this summer very happy because it means that the salary cap certainly won't drop as much as some were expecting.
Some had thought that salary-cap drop could be as much as $6 million or $7 million, according to ESPN, but that seems like an outsize number at this point. It is still expected that the cap will drop while simultaneously the streets swell the number of talented free agents becoming available this summer.
The current salary cap is $57.7 million and ESPN has dug up what a few teams are projecting to be the numbers for next season as they plan out their free-agent-signing strategies: The Miami Heat apparently has the biggest projected drop in the cap and is planning around a budget of $52 million. Meanwhile, the New York Knicks are banking on the number being closer to $53 million. And the New Jersey Nets are hoping things don't drop that much and are projecting a budget of between $54 million and $55 million to work with.
http://sports.yahoo.com/nba/rumors;_ylt=AgVK57ZgXHXRWaCa_VJ6tgaLvLYF