NBA Salary Cap

The NBA announced that it lowered the salary cap for next season. Now, the amount of money every team can spend on players without being taxed by the league is down for the first time in six years. This is the second time in the 26 years the salary cap has been in place in the NBA that it has gone down. This shouldn’t be a big surprise because of the economy, but it will make some teams who don’t want to go over the salary cap to make some hard decisions. The salary cap for last season was 58.7 million and it was cut to 57.7 million. That is not a huge cut, but instead of going up, it has gone down a tad. If it keeps going down next season it could affect the free agency of 2010. I guess time will only tell……………………………