$55.63 million for 2007-2008
NBA salary cap rules are determined by taking a percentage of the previous years revenues.
According to nba.com, the NBA instituted a salary cap prior to the 1984-85 season. The salary cap that first year was $3.6 million. The salary cap for the 2007-08 season is $55.63 million.
Unlike the NFL and NHL, the NBA features a so-called "soft" cap, meaning that there are several significant exceptions that allow teams to exceed the salary cap to sign players. This is done to allow teams to keep their own players, which, in theory, fosters fan support in each individual city. By contrast, the NFL and NHL caps are considered "hard," meaning that they offer relatively few (if any) circumstances in which teams can exceed the salary cap.
The salary cap for the 2007 season is set at $109 million. Click on the related link for the salary cap status of all 32 teams.
No.
In the NBA draft there are 2 rounds, and each team gets one pick per round unless traded or forfeited for salary-cap issues. There are 30 teams, so there are 60 picks in the NBA draft.
NBA teams clear cap space by utilizing several strategies, including releasing or trading players with high salaries, letting contracts expire, and negotiating buyouts. They may also structure contracts with non-guaranteed years or team options to maintain flexibility. Additionally, teams can offload bad contracts in trades that bring back less salary or acquire expiring contracts to reduce their salary cap commitments. These methods help teams position themselves for free agency or to pursue desired player acquisitions.
Depends on their salary cap
NFL football and NBA basketball
1.5 to 2 million a year
NBA cash considerations are monetary payments made by teams as part of player trades and transactions. These payments can help balance out the value of players being exchanged or compensate for differences in salary. Cash considerations are often used to sweeten a deal or facilitate trades when teams are looking to stay under the salary cap.
For the 2010 season, there is no salary cap in the NFL. The NFL owners opted out of the collective bargaining agreement made with the players in 2006. Since there is no agreement, there is no cap. Certainly, any new agreement will contain a salary cap. If there is not a new agreement in place by the start of the 2011 season, there will be no NFL football. For the 2009 season, the NFL salary cap was $127 million.