As you know, July 8th of every year the NBA announces the salary cap for the upcoming season, and the figure for this season is a bit of a surprise. The salary cap figure for the 2010-11 season, will be $58.044 million, which represents an increase from last season’s $57.7 million. Which is above the projections released earlier this year.
Other cap figures were released as well those are:
- Midlevel exception — $5.765 million
- Luxury-tax threshold — $70.307 million
- Maximum salaries — $13.604, $16.324, & $19.045 million depending on experience
I’ll have to check to see how this affects the Tiago and RJ situations.