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$55.63 million for 2007-2008
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How are NBA salary cap rules structured?
NBA salary cap rules are determined by taking a percentage of the previous years revenues.
What was the first NBA salary cap?
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.
What is the difference between a soft salary cap and a hard salary cap?
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.
What is the NFL 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.
How many draft in the NBA?
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.
Do NBA coaches salaries go against the salary cap?
No.
How much nba player make a year?
Depends on their salary cap
What major league sport has a salary cap?
NFL football and NBA basketball
What is the salary of NBA teams president?
1.5 to 2 million a year
What is the salary cap in the NFL?
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.
What is the Larry Bird exemption?
The Larry Bird exemption is the the exemption given to an NBA team to exceed their Salary Cap in order to accomodate the increase of salary of a superstar player, which will be determined by the NBA
Which NBA teams have the most cap space for the 2010 summer?
The Knicks, Nets, Timberwolves, and Clippers all have a lot of cap space.
