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NBA 08/07/2010, 17.49

NBA Sets Cap At $58.044 Million For 10-11

La NBA ha annunciato il nuovo salary cap per la prossima stagione

NBA

The National Basketball Association today announced that the Salary Cap for the 2010-11 season will be $58.044 million. The tax level for the 2010-11 season has been set at $70.307 million. Any team whose team salary exceeds that figure will pay a $1 tax for each $1 by which it exceeds $70.307 million.

The 2009-10 Salary Cap was $57.70 million and the tax level was $69.92 million.

The new Salary Cap and tax level go into effect at 12:01 a.m. ET on Thursday, July 8, when the league’s “moratorium period” ends and teams can begin signing free agents and making trades.

The mid-level exception is $5.765 million for the 2010-11 season and the minimum team salary, which is set at 75% of the Salary Cap, is $43.533 million.

Last summer, the NBA sent out a memo to teams warning them that the cap would be potentially in the neighborhood of $52 million.

E. Carchia

E. Carchia

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