The speculation ran rampant about what number the 2015-16 NBA salary cap would be at to start the season. For the most part, the estimated number of $69 million was just about right. The NBA announced today that the league’s salary cap will see an 11% increase from last year and jump to $70 Million per team with a luxury tax line of $84.7 million.
Following from Adrian Wojnarowski of Yahoo! Sports.
The NBA salary cap has risen to $70M for the 2015-'16 season, league sources tell Yahoo Sports.
— Adrian Wojnarowski (@WojYahooNBA) July 9, 2015
The NBA's team tax level will be $84.7M, league sources tell Yahoo Sports.
— Adrian Wojnarowski (@WojYahooNBA) July 9, 2015
With an increase salary, it means some teams might be able to avoid going into the luxury tax for this upcoming season. It also means some teams will have some additional money to play with for contracts once they are officially able to sign guys to contracts.
The increased salary for next season means that players who are max contract players will also see an increase in the contracts they can get from either their team or another team interested in their services. Some max contracts will be affected but nothing that will be too impactful.
Following chart from Dan Feldman of NBC’s Pro Basketball Talk.
