A Great Comment on the NBA Salary Cap

From Liberty Ballers

The NBA is finally starting to process the fallout from an unprecedented summer last year. The league’s salary cap was $35.5 million in 2000–01 and then steadily rose to a 2008–09 level of $58.7 million, where it stayed, give or take $1 million, for six seasons through 2013–14. In 13 years, the cap rose about as much as it did just last summer, when the NBA’s big cap boom rocketed the figure from $70 million in 2015–16 to $94.1 million in 2016–17. It was unlike anything the league had ever seen. With newfound money, teams splurged, overspending on the likes of Evan Turner, Timofey Mozgov, and Joakim Noah. You could say those teams were negligent — and you’d be right — but they operated under the assumption that the cap would keep surging. It didn’t: A shorter-than-expected 2017 postseason caused a limited increase in the 2017–18 cap, to just $99.1 million (projections last year had it as high as $108 million).

These days, you can’t really follow the NBA without following its contract system and the salary cap.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s