Why is the NBA’s salary cap so high?
Fox Sports’ Mike Boland has a theory as to why the NBA salary cap is so high.
Boland: There’s no question about it, it’s going to be a long time before the salary cap hits that amount of money.
It’s just going to take a while to get there.NBA.com: The salary cap increased by about $3.8 million in 2017-18 to $85 million, according to ESPN Stats & Info.
What does this mean for the NBA in the coming years?
Boland is correct.
The salary is going to continue to rise.
But, this year’s jump is the most significant increase since the salary began at $65 million in 2015-16.
Here’s the breakdown:NBA salaries, 2016-17 (in millions):Total salary cap: $75.8MThe salaries of teams in the NBA rose by about a third of a billion dollars in 2016-2017, according the ESPN Stats and Info.
This year’s increase is a total of nearly $4 billion, or more than $3 billion more than last year’s leap.
The most recent increases have occurred in the last three seasons.
The salary cap will grow this season by $4.3 billion, according ToonTown, based on data provided by the NBA and the league’s CBA office.
That will be the most of any NBA team.BOLAND: You have to remember, that $3,000 jump in the salary last year was just $1.5 million in 2018-19.
This next year it’s $3 million.
The next year that’s $6.5.
This is an unprecedented jump.
It means that if you’re a free agent, you’re going to have to sign your next contract to stay in the league.
It also means that teams will have more cap space, which means that more teams will be able to sign players who were restricted free agents in 2017.
This in turn will create a bidding war for players who are restricted free-agents, and this will give teams more flexibility in how they can use their cap space to sign free agents.NBA salaries (in thousands):Total salaries: $79.9MThe average salary cap for the top 10 NBA teams is about $73.5M.
The NBA’s $79 million average cap number is nearly three times the $42 million average salary for the league average team in 2016.
The average NBA salary is now $79M. (AP)