NBA Salary Cap and Luxury Tax Threshold Figures Set
The NBA announced on Tuesday that the salary cap for the 2008-09 season will be $58.68 million.
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The luxury tax threshold will be $71.15 million, and the value of the mid-level exception will be $5.585 million.
over 3 years ago
cuppettcj
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Does this mean
That the Wizards can give someone the full MLE and not go over the lux tax?
"Would you like to shoot me now or wait till you get home." --- Daffy Duck
by George Templeton on Jul 9, 2008 10:08 AM EDT reply actions
I don't think so
But I’ll run the numbers later today.
You know you'll get devoured by Cheaney, Wallace, and Juwan Howard.
Ivan
Ivan mentioned that the salaries as of AJ’s signing came to 54.2. If Arenas’ first year is 14.5 that puts salaries at 68.7. Again, if true, thats less than 3mil under the lux tax.
Just off......
My guesstimates of:
Cap: $59,802,250
Luxury: $71.528
MLE: $5,543,460
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