: Salary Cap:
$64.3M Upper Limit for '11-'12
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04-25-2011, 08:52 AM
Join Date: Mar 2006
Originally Posted by
All the people complaining that Richards is going to get too high of a cap hit, what does the cap look to be in like 5 years. I understand that this thread is for next seasons cap, but if the cap goes up like it is supposed to, coupled with Drury's contract ending, a Richards contract should be no problem for the future. Correct?
Note: I am in favor of signing Richards, and probably at a higher cap hit than most people.
Even if the salary cap does not go up "as expected," it should still be significantly higher. When the cap was implemented in 2005-2006, it was set at a mere $39m. It jumped to 45m in 2005-2006, and 50.6m in 2006-2007. Today (2010-2011), it sits at $59.4m, and is expected to go up 62.4m in 2011-2012. In six years and one of the worst recessions in U.S. history, the salary cap still increase from $39m to 59.4m. That's a $20m increase.
There may be a potential concern with the CBA expiring that the league may alter the revenue formula so that the players get a smaller piece of the pie for their salaries (which determines the cap). Personally, I don't think that's too likely.
A ~$7.5m cap hit today is likely to be a much smaller piece of the team's total cap five years from now.
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