NBA salary cap for next season set at $58.68m
China Daily | Updated: 2008-07-11 07:54
NEW YORK: National Basketball Association clubs will work under a salary cap of $58.68 million for the 2008-09 season, the league announced on Wednesday as the NBA free-agency signing period began.
The salary limit for each NBA team went into effect as teams were allowed to begin making trades and signing free agentds following a moratorium period in which deals could not be finalized so a final cap figure could be calculated.
The cap is up $3.05 million from last season.
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