 NBA salary cap set, $55.63 million |
 Jul 11 2007, 07:06 AM
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All-Star  Group: Administrator Posts: 2,568 Joined: 13-March 06 From: Michigan City, IN Member No.: 21  |
http://www.msnbc.msn.com/id/19702614/from/RS.3/
QUOTE NEW YORK (AP) -The NBA set next season's salary cap at $55.63 million Tuesday, paving the way for teams to begin signing free agents.
The new cap goes into effect Wednesday, when the league's moratorium period ends and trades can be made. Teams have been allowed to negotiate with free agents since July 1, but the deals couldn't be completed until the new cap was determined. The salary cap will rise about $2.5 million from last season's $53.135 million figure. Also, the mid-level exception is rising from $5.2 million to $5.36 million, and the tax level is $67.87 million, up from $65.42 million. Teams will have to pay a $1 tax for every $1 they exceed that figure by. The minimum team salary is $41.72 million, 75 percent of the salary cap. |
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Jul 11 2007, 01:27 PM
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I'm fresh. Group: Administrator Posts: 1,300 Joined: 4-May 06 From: Lombard, IL Member No.: 131 |
I really don't thing Gordon will be around still in 2009-2010... he's worth too much to us traded to still be here.
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Jul 11 2007, 01:30 PM
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Leading Scorer Group: Members Posts: 1,285 Joined: 5-July 06 Member No.: 193 |
QUOTE (steve9347 @ Jul 11 2007, 02:20 PM)  I really don't thing Gordon will be around still in 2009-2010... he's worth too much to us traded to still be here. With that kind of talking I don't think you'll still be my friend in 2009-2010 yet alone 2008. Just kidding buddy. Anyway, you could very well be right. However, without obtaining a star player in return I don't think Paxson is letting Gordon go anywhere. That means he's staying a Bull. |
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Jul 11 2007, 01:42 PM
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#4
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All-Star Group: Administrator Posts: 2,568 Joined: 13-March 06 From: Michigan City, IN Member No.: 21 |
QUOTE (eddog2 @ Jul 11 2007, 02:23 PM) With that kind of talking I don't think you'll still be my friend in 2009-2010 yet alone 2008. Just kidding buddy. Anyway, you could very well be right. However, without obtaining a star player in return I don't think Paxson is letting Gordon go anywhere. That means he's staying a Bull. Yeah, if BG isn't here, that means we got a scoring big man instead, because that is the only way Ben leaves Chicago. And to be honest, if that happens, I will help Ben pack and drive him to O'Hare. |
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Posts in this topic
madisonsmadhouse NBA salary cap set Jul 11 2007, 07:06 AM
steve9347 Can't argue with having more elbow room... Jul 11 2007, 08:12 AM eddog2 That extra $2.45 million is huge for the Bull... Jul 11 2007, 12:55 PM
SoxFan1 QUOTE (madisonsmadhouse @ Jul 11 2007, 02... Jul 11 2007, 09:31 PM Chisoxfn QUOTE (steve9347 @ Jul 11 2007, 12:20 PM)... Jul 12 2007, 11:15 AM dasox24 QUOTE (Chisoxfn @ Jul 12 2007, 12:08 PM) ... Jul 12 2007, 12:25 PM ZoomSlowik QUOTE (Chisoxfn @ Jul 12 2007, 12:08 PM) ... Jul 12 2007, 12:26 PM WHarris1 The salary cap means jack spiff in terms of signin... Jul 12 2007, 05:24 PM |
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