Rumor: 2012 Salary Cap could be $61M

There is no season yet, but according to Marc Berman of The New York Post, the cap could be $61 million in 2012.

Marc Berman reports for The New York Post:

“That’s what we’ve been discussing, though the exact dollar amount is not set until the new deal is done,’’ said one league source, who added no new talks have yet been scheduled.

Economic projections from sources say the salary cap will then grow to about $60-$61 million in 2012, when the Knicks will have the largest cap space in the league and have room to woo either Chris Paul, Deron Williams or Dwight Howard, who are slated to become free agents. The Knicks could be at least $20 million under the projected 2012 cap.

Ironically, Dolan has been seated across from Paul, who is the Knicks’ top priority, during many of the labor bargaining sessions because Paul is on the union’s negotiation committee.

Advertisements
This entry was posted in 1 NBA, 1 Rumors and tagged . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s