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clipper*joe
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Post subject: NBA salaray cap for 2008-09 season $58.68 million
 Posted: Jul 09, 2008 - 12:16 AM PST
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Clipper All-Star
Joined: Jul 26, 2007
Posts: 1769
Location: los angeles
  
votes: 32
Status: Online!
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The NBA salaray cap for the 2008-09 season will be $58.68 million, ESPN.com has learned.
The figure was arrived at after daylong consultations between lawyers for the NBA and the players' union.
The luxury tax threshold will be $71.15 million, and the value of the mid-level exception will be $5.585 million. Over-the-cap teams can only offer the mid-level exception to free agents.
The league's moratorium on trades and free-agent signings expires at midnight on Tuesday, and three teams -- the Golden State Warriors, Philadephia 76ers and Los Angeles Clippers -- had been waiting on the exact cap figure to determine the size of the offers they can make to Elton Brand, who had become the No. 1 free-agent target of all three teams. ESPN.com's Marc Stein reported Tuesday evening that Brand has given a verbal commitment to the 76ers.
http://sports.espn.go.com/nba/news/story?id=3479183 |
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JamFan
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Post subject: RE: NBA salaray cap for 2008-09 season $58.68 million
Posted: Jul 09, 2008 - 12:38 AM PST
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Clipper All-Star
Joined: Jul 26, 2005
Posts: 1103
votes: 13
Status: Offline
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| Kind of makes you feel like an ugly guy with a million dollars in his pocket, out on the town, and your so ugly the girls still won't pay attention to you, even with Million Dollar Bills hanging out of your pocket. We have over 30 Million in Cap space and only 4 or 5 players signed to contracts. GEEZZZZ |
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Clipper_FaN
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Post subject: RE: NBA salaray cap for 2008-09 season $58.68 million
Posted: Jul 09, 2008 - 12:59 AM PST
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Clipper 6th Man
Joined: Jun 20, 2008
Posts: 127
Location: Bell, CA
Status: Offline
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| CAN WE SIGN LIKE A OKAFOR OR SMITH WITH THIS?????????????? |
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