As the NBA community prepares for quite possibly the wildest summer in recent memory with the incoming increase in the NBA salary cap for the 2016-17 season, there’s been news of a new wrinkle added to the summer of 2016. The NBA salary cap projections we got last year are off by a couple million dollars.
Following from Jeff Zillgitt of USA Today.
The projected salary cap and luxury tax amounts for the 2016-17 NBA season will be $92 million and $111 million, according to a league memo sent to team executives, and those figures were relayed to USA TODAY Sports by multiple people.
Those numbers are up slightly based on projections from a year ago, which were $89 million and $108 million.
Here are the projections for the four seasons after 2016-17:
2017-18: $107 million/$127 million
2018-19: $105 million/$126 million
2019-2020: $106 million/$129 million
2020-2021: $112 million/$136 million
If these figures continue to grow at these insane rates, that could be both good and bad for the league. Their players will rake in on some incoming money from the new deals with the television companies and placing ads on jerseys so the owners will have no other choice but to spend. The bad is that there may be a ton of players who get some absurd contracts in the next few seasons and the market might thin out quicker than most expect. At the end of the day, the NBA salary cap increase is a good thing but just like many things in life, it has its downfalls.
