Salaries are counted after the playoffs, before players are resignedSystem is similar to how it's run now except there will be "real" money.
Your "budget" will always be 200% (2x) the amount of the cap.
Here are the cap figures, luxury tax threshold and budget for each season.
Year - Soft - Luxury - Budget
2000 - 2001 Cap - 35.5m - 53.25m - 71.0m
2001 - 2002 Cap - 42.5m - 63.75m - 85.0m
2002 - 2003 Cap - 40.3m - 60.45m - 80.6m
2003 - 2004 Cap - 43.8m - 65.70m - 87.6m
2004 - 2005 Cap - 43.9m - 65.85m - 87.8m
2005 - 2006 Cap - 49.5m - 74.25m - 99.0m
2006 - 2007 Cap - 53.1m - 79.65m - 106.2m
2007 - 2008 Cap - 55.6m - 83.40m - 111.2m
2008 - 2009 Cap - 58.7m - 88.05m - 117.4m
2009 - 2010 Cap - 57.7m - 86.55m - 115.4m
2010 - 2011 Cap - 58.0m - 87.00m - 116.0m
Here is how it works.
Team A has 40m in salary in 01-02m, at the beginning of the year they would gain 45m in cash to spend on things. This cash can be traded, used on camps and other player modifications and even stocked to use for later or to pay into the luxury.
The luxury tax is a dollar for dollar tax so in year 2 if you have 70 in salary,
thats 6.25m over and they have to pay 12.5m of their cash., but they still get that extra 15m for staying under budget.
If you go over budget, there will be no penalty, you just don't have any extra cash and will have to pay off with any cash you have in your pool.
REWARDS ARE BACK!
Player of the Week - $150k
Player of the Month - $400k
Rookie of the Month - $300k
All-Star Game Participant - $350k
All-Star MVP - $200k
3-point & Dunk Contest Contestants - $150k
3-point & Dunk Contest Winners - $150k
Rookie/Sophomore Game - $150k
Rookie/Sophomore MVP - $200k
All-League First Team - $700k
All-League Second Team - $500k
All-League Third Team - $300k
All-Defensive First Team - $500k
All-Defensive Second Team - $300k
All-Rookie First Team - $400k
All-Rookie Second Team - $200k
Defensive Player of The Year - $600k
6th Man of The Year - $350k
Rookie of The Year - $600k
Most Valuable Player - $1.5m