FanPost

Official NBA salary cap set and announced

(DA -- From the FanPosts)

It's bigger than expected and means good news for teams on a tight budget. (We wouldn't know anything about any teams in THAT situation, would we?) How much is it, exactly?

The cap is $58.04 million dollars.

Everyone expected a cut from the $57.7 million of last season in light of the recession, but this $300 grand increase is like Christmas in July for teams planning on a cap in the $54 million range.

(DA again -- Already, I've got friends claiming NBA conspiracy on this one, saying it makes it easier for the Heat to sign LeBron. Whatever.

For the Bobcats, specifically, it doesn't really affect much. Though we can offer more money to our players without getting into luxury tax territory, teams below the cap are getting that same extra space.)

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join At The Hive

You must be a member of At The Hive to participate.

We have our own Community Guidelines at At The Hive. You should read them.

Join At The Hive

You must be a member of At The Hive to participate.

We have our own Community Guidelines at At The Hive. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9347_tracker