PDA

View Full Version : The Silver Lining of the Salary Cap Cloud



DenButsu
07-09-2009, 03:39 AM
The article is kind of long, so you should just follow the link to it at espn (http://myespn.go.com/blogs/truehoop/0-42-41/The-Silver-Lining-of-the-Salary-Cap-Cloud.html) to read the whole thing. Here are the main points bulleted though:


The Silver Lining of the Salary Cap Cloud

The Silver Lining of the Salary Cap Cloud

...

While the memo {regarding the recent salary cap and luxury tax news} had bad news for the basketball staffs, looking to spend more and more to acquire talent, I expect the memo was borderline thrilling to some, including poor teams, many owners and the bean counters who worry about teams' balance sheets.

There are four ways this memo might make them happy.



$6.5 Million in Cash for Every Team on July 29


...


Lower Salaries for the Same Players


...


Luxury Tax Disbursements to 23 Teams


...


Help for Low Revenue Teams