Apr 16, 2010, 5:22 PM EDT
David Stern announced good news for teams and players today — that the salary cap next year is probably going to be $56.1 million, several million higher than expected. That’s more money to spend this summer.
But the players union sees nefarious deeds afloat. Adrian Wojnarowski of Yahoo was first with the news.
After the NBA released a memo last July that warned teams the salary cap for the 2010-11 season could drop as far as $50.6 million, the union countered the projection could be a mechanism to scare teams from signing free agents.
“A memo of this nature can have a chilling effect on the market for free agent and rookie signings,” Hunter said last July. “If it later turns out that the league did not have a good faith basis for making these projections, the NBPA will pursue all available legal remedies, including a treble damages claim for collusion.”
Welcome to another skirmish in the war that is the Collective Bargaining Agreement coming in 2011.
The salary cap is going down next year by a little over $1 million from this year’s figure. But that’s a sign that the economy has rebounded some, that the doom and gloom of a year ago didn’t quite come to pass.
Isn’t that what we all thought last year? That things sucked but were going to get worse? Were the dire salary cap projections really about keeping salaries down or was it prudent planning in the midst of a recession where nobody knew how deep it would go? It doesn’t seem unrealistic.
But everything is a battle in the upcoming war.
- Report: Chicago Bulls give Jimmy Butler max qualifying offer 17
- Report: Dwyane Wade will not opt-in with Heat, to become free agent (as expected) 25
- Report: Knicks front runner to land Arron Afflalo (and Greg Monroe, too) 27
- Report: Luol Deng surprises Miami, opts in for 2015-16 season 30
- Report: Sense around league is Kevin Love will re-sign with Cavaliers 31
- Report: As deadline nears, signs still point to Dwyane Wade opting out, becoming free agent 40
- Report: Dallas most likely team to lure DeAndre Jordan from Clippers, Chandler Parsons already recruiting 24
- Report: Lakers would still trade D’Angelo Russell for DeMarcus Cousins straight up. Kings wouldn’t. 30