Salary cap announced

[VF21]

Jeff Zillgitt ‏@JeffZillgitt 38m NBA announces the salary cap for the 2013-14 will be $58.679M. The tax level for 2013-14 has been set at $71.748M.
Retweeted by Sam Amick

 

[Fear the Putin]

the new luxury tax is what's interesting to me. Not dollar for dollar anymore, which will really make the big market teams squirm.

 

[VF21]

David Aldridge ‏@daldridgetnt 28m

Teams will have to spend minimum of 90 percent ($52.8 million) of the cap figure starting next season on player salaries.
Retweeted by Sam Amick