NBA salary cap set at $57.7 million
Posted by Dave Dial July 07, 2009 23:42PM
The NBA has set the salary cap for the 2009-2010 season at $57.7 million, a decrease of a little less than $1 million dollars.
July 7, Yahoo Sports: The NBA salary cap for the 2009-'10 season dropped to $57.7 million, and the luxury tax threshold to $69.2 million, the league told its teams Tuesday night. The mid-level exception is set at $5.854 million.
This will effect how much the Detroit Pistons will have left after they sign Ben Gordon and Charlie Villanueva Wednesday, but it won't effect either player's contracts. The Pistons team salary will look similar to this graphic, at around $53.5 million dollars.
That would give Joe Dumars around $4.2 million dollars left over to use on a third free agent or to use in a trade taking back more in salary than sending out. With the luxury tax threshold dropping to $69.2 million, there will be teams looking to shed salaries in order to get below that number. This is something that Joe Dumars has stated he would like to take advantage of. Stay tuned...

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