Salary cap leaping to $90 million for 2016-17
The salary cap will take an enormous leap to about $90 million in 2016-17, a move from approximately $67 million next season, NBA Commissioner Adam Silver said Thursday.
League projections for 2016-17 had been released to teams privately, but Silver’s on-the-record reiteration seemed to add weight to them. The salary-cap increase is directly tied to the start of the nine-year, $24-billion TV deal the NBA signed with Turner Sports and ESPN/ABC.
Silver mentioned the numbers while answering a question about draft lottery reform at a news conference before Game 1 of the NBA Finals.