Official NBA cap numbers

[MartyConlonOnTheRun]

FOR CAP NERDS EVERYWHERE
just released cap numbers for 2008-2009 season:
Salary Cap: $58,680,000
Team Tax Level: $71,150,000
Mid-level Exception: $5,585,000
(also Early Qualifying Veteran Free Agent Exception (“Early Bird”) amount)
Bi-Annual Exception: $1,910,000
Maximum Player Salary: $13,758,000 – 0-6 Years of Service
$16,509,600 – 7-9 Years of Service
$19,261,200 – 10+ Years of Service
-- or 105% of prior Salary, whichever is greater
2007-08 Escrow: 1.05% of Salary to be returned to all players
Minimum Team Salary: $44,010,000