Post by Cleasby on Jul 6, 2010 14:04:18 GMT -5
Soft Cap
$58,860,000
Hard Cap (Luxury Tax)
$71,150,000
This is the cap for the 2008-09 season set by the NBA LL.
There are penalties for exceeding the the luxury tax as follows:
The GM will have to pay $100 for every Million dollars over from their spends.
For example if Detroit is over the luxury tax by 2.5 million the GM would have to spend $250 of their money at the end of the season to the league.
$58,860,000
Hard Cap (Luxury Tax)
$71,150,000
This is the cap for the 2008-09 season set by the NBA LL.
There are penalties for exceeding the the luxury tax as follows:
The GM will have to pay $100 for every Million dollars over from their spends.
For example if Detroit is over the luxury tax by 2.5 million the GM would have to spend $250 of their money at the end of the season to the league.