Friday, August 6, 2010
8/06/2010 01:41:00 PM | Posted by Jacob Noble | Edit Post
Now that just about all the major spending is completed, it's a good time to give a Stat of the Cap for all 30 NBA teams. Who is over the cap? Who is in luxury tax territory? Who still has exceptions they can use? Who has Traded Player Exceptions they can use?
Salary Cap: $58.044 million
Luxury Tax Level: $70.307 million
Mid-Level Exception: $5.765 million
Bi-Annual Exception: $2.08 million (only available every other year) HoopsWorld
The team and former coach Mike Dunleavy are accusing each other of fraud in court filings before an arbitration hearing over whether Dunleavy is still owed money by the team. ESPN
"Shaq is a marketing giant," said John Vrooman, a sports economist at Vanderbilt University. "He will benefit from the Hub's strong media presence, where there's money to be made on local endorsements."
O'Neal earned $36 million last year, with $21 million coming from his salary with the Cavaliers. RealGM
The Phoenix Suns have named former player and veteran NBA executive Lance Blanks the club’s general manager, the team announced today. InsideHoops
“We've learned since then that this isn't happening. The problem isn't that this almost happened, because we have no idea how close it came to happening. The problem is that we believed it could happen. That we believed it to be within the realm of the possible.” A Look at Egos by Ball Don't Lie