Dallas-Mavs.com Forums - View Single Post - The NBA salary cap will jump from $40.5 million to $43.8 million ...

Mavs_Rule2003 · 07-15-2003, 04:18 PM

...for the 2003-2004 season, ESPN's David Aldridge reports, a financial bonanza for signed veteran players and free agents.

For example, Jermaine O'Neal, who re-signed with the Indiana Pacers for $122 million, now goes to $126 million. And Nets star Jason Kidd's salary jumps $4 million to $103 million. The mid-level exception for veteran players such as Gary Payton rises to $4.91 million.

The new figure also aids teams like Miami and Utah, which lost big-name stars to free agency but will now have significant cap room to sign players.

Players received almost 65 percent of basketball-related income before they gave 10 percent of their salaries as a result of the escrow tax. After the escrow tax payments, the players received 59.5 percent of basketball related income.

Does it help MAvs in anyway?

07-15-2003, 04:18 PM	#1
Mavs_Rule2003 Member Join Date: May 2003 Posts: 292	The NBA salary cap will jump from $40.5 million to $43.8 million ... ...for the 2003-2004 season, ESPN's David Aldridge reports, a financial bonanza for signed veteran players and free agents. For example, Jermaine O'Neal, who re-signed with the Indiana Pacers for $122 million, now goes to $126 million. And Nets star Jason Kidd's salary jumps $4 million to $103 million. The mid-level exception for veteran players such as Gary Payton rises to $4.91 million. The new figure also aids teams like Miami and Utah, which lost big-name stars to free agency but will now have significant cap room to sign players. Players received almost 65 percent of basketball-related income before they gave 10 percent of their salaries as a result of the escrow tax. After the escrow tax payments, the players received 59.5 percent of basketball related income. Does it help MAvs in anyway?