The salary cap is falling! The salary cap is falling!

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We live in a world guided by expectations. Stock prices rise and fall on how a company does compared to what experts expected. Our friends set the expectations we have for a movie, then we think the movie did or did not live up to those expectations.

On that basis, what is about to happen to the NBA’s salary cap numbers next year are not that bad. That’s what Ken Berger at CBSSports reports.

As team executives get their books in order for the free-agent period that begins July 1, there are indications that the 2010-11 salary cap may not fall as much as earlier projections indicated. Two execs who expect to have cap space for the 2010 free-agent chase told that their latest projections show the cap being no worse than $53 million – and quite possibly better than that. Last July, the league office circulated a memo to all 30 teams warning of a possible drop in league-wide revenues ranging from 2.5 percent to 5 percent. The result would have been a cap ranging from $50.4 million to $53.6 million. If revenues have been more robust than previously feared, the higher cap could give teams more money to spend on free agents than they’ve been projecting. Several teams continue to work off less optimistic projections for a $52 million cap, with the clear understanding that they’re being overly cautious.

This year’s cap is $57.5 million. The $53 million number would be about where the cap was during the 2006-07 season. Remember, this is the soft cap number (not the luxury tax number) that most teams will exceed because the NBA Salary Cap rules are far more complicated than the plot of LOST.

So, you know, not bad if you were expecting the apocalypse.

Bradley Beal drives around, dunks over Kristaps Porzingis (VIDEO)

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If you’re a Knicks fan, the positive is that at least Kristaps Porzingis tried to make a play.

But he was not going to stop the athletic Bradley Beal with a full head of steam, and the result was a Beal dunking over Porzingis as he tries to block the attempt.

Beal wasn’t sharp, scoring 12 points on 5-of-14 shooting. The Knicks has an efficient Carmelo Anthony and that got them the win.

Carmelo Anthony drops 21 on Wizards in preseason Friday

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We had an efficient Carmelo Anthony sighting in the preseason.

Anthony and the Knicks went up against the Wizards and ‘Melo hit 10-of-15 shots to score 21 points. He also had four rebounds and four assists.

Derrick Williams had 23 points on 11 shots to lead the Knicks in scoring, and New York won 115-104.