Mr. Sun wrote:the_warden wrote:10%?
Hoopsworld said it is projected to drop to $57.3M, which is a drop of ~$1.5M. Not anywhere near 10%.
The salary cap is not expected to change much from last season’s $58.7 million, but it could drop by 10 percent next season, by some estimates. The luxury-tax threshold could also fall, forcing teams to rein in spending now.
http://www.nytimes.com/2009/06/30/sport ... ref=sports
I bolded the important part.
And whose estimates? Are there really people out there projecting a $52.8M salary cap? I'd be interested in actually seeing who is projecting that sort of salary cap, since the NYT article fails to specify.