Headlines
NBA Advises 2019 Salary Cap Projects To Be $101 Million
According to Basketball Insiders’ cap guru Eric Pincus, the NBA sent a salary cap update memo to its teams, advising that current 2019 salary cap projections remain on course for a $101 million salary cap for the upcoming season.
In a memo to teams, the NBA has NOT changed it's preseason salary cap projection, it remains at $101 mil for 2018-19 and 108 mil for 2019-20. Tax at $123 mil and $131 mil, respectively. Typically, there's variance in the pre/post projection but not this year
— Eric Pincus (@EricPincus) April 16, 2018
Additionally, the players project to have earned $20 million more than their share of basketball related income. The NBA will recoup that $ from escrow (the 10% that's withheld all year from player checks)
— Eric Pincus (@EricPincus) April 16, 2018
The NBA projects that the players overage for 2018-19 to be $45 mil (which would again be recouped by the league via escrow)
— Eric Pincus (@EricPincus) April 16, 2018
The final salary cap amount gets locked in after both the NBA and the Players Association complete their season-ending audits. The results of those audits and the final accounting on the NBA Playoffs can impact the projected salary cap values.
Ex-Lakers forward Michael Beasley is finalizing a deal with …. Guangdong of the Chinese Basketball Association, sources tell ESPN. Short run of two months, significant cash.
Ex-Lakers forward Michael Beasley is finalizing a deal with …. Guangdong of the Chinese Basketball Association, sources tell ESPN. Short run of two months, significant cash.
— Adrian Wojnarowski (@wojespn) February 19, 2019
Source: Adrian Wojnarowski on Twitter
Guard Marshon Brooks has agreed to terms with Chinese team Guangdong where he will replace Malcolm Delaney, a source told Sportando.
Brooks has played 29 games for the Memphis Grizzlies this season averaging 6.6 points.
Brooks will take Delaney’s place. The former Atlanta Hawks guard ended his China season averaging 19.4 points, 6.1 rebounds and 5.6 assists.
Source: Emiliano Carchia of Sportando
New Orleans has parted ways with GM Dell Demps, league sources tell ESPN.
New Orleans has parted ways with GM Dell Demps, league sources tell ESPN.
— Adrian Wojnarowski (@wojespn) February 15, 2019
New Orleans has now named Danny Ferry the interim GM, league sources tell ESPN.
New Orleans has now named Danny Ferry the interim GM, league sources tell ESPN.
— Adrian Wojnarowski (@wojespn) February 15, 2019
Source: Adrian Wojnarowski on Twitter
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