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View Full Version : NBA sets salary cap for new season (AP)



Onlinesport vrea parerea voastra
12th July 2006, 04:50
The NBA set its 2006-07 salary cap at $53.135 million on Tuesday, one day before teams were allowed to sign free agents and make trades. Also determined Tuesday were the mid-level exception and the tax level. The mid-level exception will be $5.215 million and the tax level is $65.42 million. Any team that exceeds that figure will pay a $1 luxury tax for every dollar it is over.

More... (http://us.rd.yahoo.com/sports/rss/nba/SIG=128te984u/*http%3A//sports.yahoo.com/nba/news?slug=ap-salarycap&prov=ap&type=lgns)