The surprises in the NBA just keep on coming.
Following Tuesday’s trades that shocked a lot of people, another development has been reported, which will affect all the teams in the league, as well as players’ salaries.
Despite earlier projections that had next season’s cap at $102 million and the luxury tax line to be set at $122 million, teams have apparently been informed that it will go down to $99 million instead.
Although it’s still an increase to last year’s $94.14 million, there still lies a significant difference which could mean some adjustments on franchises’ payrolls. Those who have already made moves bearing in mind the anticipated figures, will take the biggest hit.
It may seem like only a $3 million difference, but it will take a hit on the maximum salary a star could potentially get. It will lessen what they can earn per season, depending on the length and amount agreed on the contract. However, what’s more concerning is that the salary cap is dictated by the revenue of the league, which could mean that the NBA may have lost some of their projected earnings.
It remains to be seen how this will affect the ability of other teams to lure in big name free agents this summer, but one thing certain is their current teams will have an even more distinct advantage in re-signing them, as they are the ones who can offer the most money to them. It will also test the ability of front offices to be more creative in finding ways for all their players’ salaries to fit in their books.
Follow Us
Subscribe
