The NBA business is good — and that means the salary cap number is about to jump nearly $5 million a year.
The NBA salary cap for 2014-15 will be $63.065 million the league has announced, a healthy 7.5 percent jump from $58.679 million last season, the NBA announced.
The luxury tax level also jumps more than seven percent up to $76.829 million. The minimum team salary (the floor, as it’s called) will be $56.759 million, although there is no penalty for being below it (if a team does finish the year below it they have to pay the difference, with that money divided up among the players on the roster).
The mid-level exception for teams above the salary cap line but below the tax line will be $5.305 million. For teams over the tax-line their mid-level is $3.278 million, and the mid-level for team under the cap (who then go over) is $2.732 million.
All these numbers go into effect at midnight and the clock turn to July 10, the first day teams can sign players following a moratorium that started July 1 (all the deals you’ve been reading about at PBT, such as Kyle Lowry in Toronto or Marcin Gortat with the Wizards were agreements that couldn’t be finalized until the 10th).
The cap numbers are derived as part of the Collective Bargaining Agreement — the players and owners basically split the NBA’s “basketball related income” down the middle 50/50 and the cap numbers come out of that to divide up that spending. A piece of every player’s pay check is held in a reserve and then they get all or some (or occasionally none) of that money back when the numbers are added up at the end of the season to make sure the split of revenue is correct.
The NBA salary cap is expected to increase some again for 2015-16 then make a much bigger leap the year after that when the money from a new national television deal floods the market.
It’s been a rough year for restricted free agents (and plenty of unrestricted ones). After NBA teams spent like drunken sailors on shore leave last summer, this time around — with the cap not rising as much as had been expected — the market got tight quickly, and few questionable contracts were handed out. A year ago the Brooklyn Nets were making the Miami Heat pay big to retain Tyler Johnson and the Trail Blazers pay big to keep Allen Crabbe. This year teams were not biting the same way on restricted free agents.
Which left guys like Nerlens Noel, who expected to be maxed out by the Mavericks (or someone), still looking for a deal. Noel was frustrated enough to switch agents, picking up Rich Paul of Klutch Sports, according to Michael Scotto of Basketball Insiders.
Paul is LeBron James‘ agent, and in recent years has done well getting Tristan Thompson and Eric Bledsoe good contracts as extensions to their rookie deals. In both cases, he showed a fearlessness in holding out longer and being willing to push the envelope. That had to appeal to Noel.
But it doesn’t change the underlying dynamics at play — and not just with Noel. Paul also represents restricted free agents this summer Shabazz Muhammad — who has yet to sign a deal — and Kentavious Caldwell-Pope, who had to take a one-year deal with the Lakers for $18 million (well below his max). Throw in Noel’s injury history, and teams were not eager to jump in with a big offer for the athletic big man.
At this point, no team has the money to offer Noel a max contract right now — the Bulls have the most available money at $17.3 million, the Sixers and Suns have about $15 million and $14 million. Noel’s max is $24.7 million a year. Dallas is playing hardball because they can — without another offer on the table, Noel’s only real threat is to sign the qualifying offer (about $6 million) and play the season for that, then become an unrestricted free agent next summer. That’s possible, but a guy with Noe’s history of injuries may want to be careful betting on himself like that.
With Paul in the negotiations, expect them to drag out. That’s about the only sure thing.
Tommy Hawkins passed away recently at the age of 80.
The former NBA player was the first black athlete to earn All-America honors in basketball at Notre Dame (he still holds the school’s total rebounds record), was drafted in the first round, and went on to have a 10-year NBA career playing for the Minneapolis/Los Angeles Lakers as well as the Cincinnati Royals. Los Angeles fans may also remember him as the long time director of communications for the Los Angeles Dodgers after his playing days ended.
The NBA put together this well done video look back at Hawkins’ career.
Isaiah Thomas said he expects to be ready for the Celtics’ training camp next month. The guard’s All-NBA season came to an early end in the playoffs when he aggravated a labral tear in his right hip initially suffered back in March. At least the injury did not require surgery.
Players are also about the worst judges of when they will recover from an injury. They pretty much all think they are invincible and will be healthy faster than doctors predict.
Coaches tend to be more pragmatic. Take Boston’s Brad Stevens, who told Chris Mannix on The Vertical Podcast that tests in a couple of weeks will show if Thomas is ready for camp.
“He has another follow-up and another scan in the early part of September. Obviously, it’s been a lot of appropriate rest, a lot of rehab. There have been some good strides here certainly in the last month or few weeks, but we’re not going to know that until after that early September timeframe.”
The Celtics are understandably going to be cautious with Thomas, while Thomas wants to prove he is healthy and has no ill effects from the injury as he enters a contract year (one where he expects to get PAID). Also, the Celtics could use him in camp as they start to figure out how he and Gordon Hayward can share playmaking duties.
Still, from the outset, the timelines have suggested he should be ready for camp in late September. Coaches are just cautious on these things by nature.
LeBron James has four NBA MVP trophies in his case. (Does he keep that case in his home in Akron or the one in Los Angeles… that’s a question for another day.) Only Kareem Abdul-Jabbar (six) and Michael Jordan (five) have more.
Could LeBron James add a fifth to his case this season?
Allen Iverson said yes at last weekend’s Big3 playoffs in Seattle.
LeBron was fourth in preseason odds to win the MVP at 15/2, behind Russell Westbrook, Kevin Durant, and Kawhi Leonard.
To me, LeBron could be a good bet. If/when Kyrie Irving is traded, the chances of LeBron getting the MVP go up. If LeBron puts up impressive numbers (again) and leads a depleted Cavaliers team to a top two seed in the East, he is certainly going to be in consideration. And should be.
It’s a long season, and personally, I think you need to get midway through the season before seriously considering the year-end awards. But history says LeBron will be in the mix, and Allen Iverson could be proven prophetic.