[Charania] The NBA informed teams today that it is projecting the 2024-25 salary cap to be $141 million — $1M lower than previous June 30, 2023 projection. The salary cap this season was set for $136M.
[Charania] The NBA informed teams today that it is projecting the 2024-25 salary cap to be $141 million — $1M lower than previous June 30, 2023 projection. The salary cap this season was set for $136M.
Very slight adjustment but interesting it’s lower, given that many thought the 142m projection was seen as conservative. The cap can rise as much as 10%, which would be as high as 149.6m.
Believe it’s due to uncertainty related to local TV deals resulting in this being lower.
As a (projected) cap space team, slight negative impact to us.
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Very slight adjustment but interesting it’s lower, given that many thought the 142m projection was seen as conservative. The cap can rise as much as 10%, which would be as high as 149.6m.
Believe it’s due to uncertainty related to local TV deals resulting in this being lower.
As a (projected) cap space team, slight negative impact to us.