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N.B.A. Increases Salary Cap for Next Season

Posted by: pprpipe on: July 9, 2010

N.B.A. Increases Salary Cap for Next Season

The N.B.A. announced a new salary cap of $58.04 million on Wednesday night, a higher-than-expected figure that could bolster several teams.

The figure was sent to the 30 franchises early in the evening and announced to the news media shortly after.

The 2010-11 cap represents a modest increase, about $340,000, over last season’s salary cap. urban cheap louis vuitton discount handbags handbags christian louboutin women pumps.But it was a positive sign for the league, which had been projecting a significant decrease in the cap, based on expected lower revenues. The figure is a $2 million increase over the most recent projections.

Only a year ago, Commissioner David Stern We offer Gucci bags. New styles,good price.warned teams in a memo that the 2010-11 cap could drop replica gucci handbags Factory Oulet- wholesale and Retail Louis Vuitton Gucci Mulberry and other Designer Replica Purses.to between $50.4 million and $53.6 million, squeezing teams that were hoping to Best replica shop online is proud to present more than 5000 cheap jordans products.spend on elite free agents this summer. So the new figure will be greeted with cheer by executives around the league.

The luxury-tax threshold for next season will be $70.31 million, also about $5 million higher than anticipated.

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