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Started By
Message
NBA Salary Cap rises to $70 million, tax level will be $84.7M
Posted on 7/8/15 at 7:17 pm
Posted on 7/8/15 at 7:17 pm
Per the Woj
quote:
@WojYahooNBA 4m4 minutes ago
The NBA salary cap has risen to $70M for the 2015-'16 season, league sources tell Yahoo Sports.
quote:
@WojYahooNBA 3m3 minutes ago
The NBA's team tax level will be $84.7M, league sources tell Yahoo Sports.
This post was edited on 7/8/15 at 7:19 pm
Posted on 7/8/15 at 7:27 pm to hendersonshands
From fun bunch.
Gives us some room
Posted on 7/8/15 at 7:39 pm to Mr.Perfect
Explain without the graph what that means lol
Posted on 7/8/15 at 7:44 pm to Mr.Perfect
Yeah, I'll take credit for that.
Posted on 7/8/15 at 7:44 pm to LSU1SLU
TLDR for the Pels is the tax is $1 million higher than expected so they get a little breathing room filling out the roster. I still wouldn't expect much more than Cole and minimums.
Posted on 7/8/15 at 7:50 pm to Fun Bunch
quote:
Yeah, I'll take credit for that.
Posted on 7/8/15 at 7:55 pm to TigerinATL
I still don't fully understand why it's a bad thing to be hard capped.
You can still add minimum players which is all we will do anyway...so...
You can still add minimum players which is all we will do anyway...so...
Posted on 7/8/15 at 8:02 pm to Fun Bunch
Mason said we should be able to use the rest of the MLE and be fine.
Posted on 7/8/15 at 8:07 pm to Fun Bunch
These are rough back of napkin numbers because I'm not near my usual spreadsheet, but what I just calculated in the sticky thread, without this $1 million cushion a lopsided trade for Melo might be illegal if we used the BAE and remaining MLE and get hard capped. But that extra $1 million makes a difference and even if we're hard capped we should be able to complete a lopsided Melo trade if we don't have to pay more than the QO for Cole.
Posted on 7/8/15 at 8:15 pm to TigerinATL
Wait... did I miss something. We are in the running for Melo?
Posted on 7/8/15 at 8:19 pm to Mr.Perfect
No. I'm just using that as an example. If they are concerned about being hard capped it's because they hope to make a lopsided trade this season.
Posted on 7/8/15 at 8:50 pm to Mr.Perfect
How is this shite even determined. It might aswell be quantum physics and I would probably understand it more.
This post was edited on 7/9/15 at 8:45 am
Posted on 7/9/15 at 3:56 pm to sainttrain713
Newb here: So do we have to pay a luxury tax on the cap amount exceeding 70M, or on the amount exceeding 83M?
Posted on 7/9/15 at 3:59 pm to LSUtoOmaha
$83. Once you hit the salary cap ($70) you can no longer aqcuire players with out using exceptions (loopholes) to the cap. Once you hit the tax threshold ($83) you start paying money that gets redistributed to non tax paying teams and your exceptions/ability to make roster moves is even more limited. When you're under the salary cap (have less than $70 million in salary), you can do pretty much what ever you want, sign players or trade for players without sending any other players back in return.
This post was edited on 7/9/15 at 4:22 pm
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