2010-2011 Salary Cap announced: $58 mil

[Creation88]

Officially salary cap number is $58,044,000, up from $57.7 million last season. Tax line rises to $70.3 million, up from $69.9 million

via Stein on Twitter

make your predictions/fittings/etc

[DesignatedT]

wow. that's pretty high.

[Creation88]

Spurs currently committed to: $52,606,328

[coyotes_geek]

Almost $2 mil more than expected. Spurs shouldn't have too much trouble staying clear of the lux tax either.

[slick'81]

yeah seems spurs have some wiggle room now

[tdunk21]

Spurs currently committed to: $52,606,328

so we are under 6mil under the cap?

[Cane]

[Creation88]

about $5.4 mil

[DesignatedT]

we still get the MLE correct? I thought i read somewhere that you only get the MLE if you're over the cap or under the cap by less than what the MLE is.

[Das Texan]

wtf happened to the cap going down this year?

[slick'81]

we still get the MLE correct? I thought i read somewhere that you only get the MLE if you're over the cap or under the cap by less than what the MLE is.

wondering same thing

[Das Texan]

we still get the MLE correct? I thought i read somewhere that you only get the MLE if you're over the cap or under the cap by less than what the MLE is.

should be under with all the cap holds and especially with 's salary slot still out there.

[spursfaninla]

about $5.4 mil

Is that with the salary-holds for our free agents and lack of full roster spots, or are you just adding up the current contracts?

[Creation88]

Is that with the salary-holds for our free agents and lack of full roster spots, or are you just adding up the current contracts?

current contracts only.

[Creation88]

outside the Spurs this will reportedly help Lebron join the Heat a bit easier.

[Dingle Barry]

Pretty sure you don't need the MLE if you aren't over the cap/it won't put you over the cap.

[Mel_13]

we still get the MLE correct? I thought i read somewhere that you only get the MLE if you're over the cap or under the cap by less than what the MLE is.

Yes. The Spurs will use their exceptions, not the cap space.

[ElNono]

Guess the league did pretty good last season... gonna be a hard sell to the union in the upcoming CBA that the league is leaking money...

[DesignatedT]

Yes. The Spurs will use their exceptions, not the cap space.

K thanks.

[TimmehC]

MLE is $5.7 million, according to Stein.

[Seventyniner]

Is that with the salary-holds for our free agents and lack of full roster spots, or are you just adding up the current contracts?

Good question about the holds.

http://www.shamsports.com/content/pa...ries/spurs.jsp

Robert freaking Horry still has a $7.2M cap hold!! This means that, for the purposes of trades, exception calculations, etc, the Spurs are over the cap.

[Dex]

Pretty sure you don't need the MLE if you aren't over the cap/it won't put you over the cap.

If teams are under the cap by less than the MLE, they are given the MLE to use instead of their cap space. This rule is put in place to prevent teams that are over the cap having more money to spend than teams that are under the cap.

[lurker23]

I think this is generally good news for the Spurs. It means they can use the full MLE and/or spend more on a potential SF with less worry about the luxury tax.

[benefactor]

I think this is generally good news for the Spurs. It means they can use the full MLE and/or spend more on a potential SF with less worry about the luxury tax.

I was thinking the same thing. S&T's for a trade exception suddenly become much more intriguing.

[lurker23]

Exact numbers:

http://sports.espn.go.com/nba/news/story?id=5362260

NBA teams found out Wednesday that the salary cap for next season will be nearly $2 million higher than anticipated, providing additional unforeseen cap space to several teams.

The NBA announced a cap of $58 million for the 2010-11 season, when most teams had budgeted a cap of $56.1 million.

The exact salary cap figure, according to league sources, is $58,044,000, up from $57.7 million in the 2009-10 season.

That means teams such as Miami, New York, New Jersey, Chicago and the Los Angeles Clippers have more spending room than anticipated to accommodate free-agent signings.

The luxury-tax line for the coming season will be $70,307,000, up from $69.9 million.

The midlevel exception for next season is $5.765 million.

The cap goes into effect at 12:01 a.m. Thursday, ending the league's moratorium period and allowing free-agent contracts to be signed.