The cap is at $63 million today. If it leaps to $70 million next summer and approaches $80 million for 2016-17, a team like the Rockets can load more bullets into the free-agency chamber. A big-market team without any visible plan beyond a vague goal of luring stars might suddenly have room beyond two max-level slots — crucial for convincing stars to join an empty venture in Los Angeles or (eventually) Brooklyn.
This is one reason the league might introduce new TV revenue in a way that spreads the cap increase over a longer period of time, per several sources familiar with the matter. The union has a seat in that discussion, since it has to sign off on any change to the formula that determines the cap, and it may not want Anthony Davis earning $10 million more per year on his max contract than Kyrie Irving does on his max just because Davis had the dumb luck of entering the league a year later.
Report: Earl Watson Fired as Suns Coach
Sources: Jameer Nelson Signs 1-Year Deal With Pelicans
Free-agent guard Jameer Nelson has agreed to a one-year deal with the New Orleans Pelicans, league sources told The Vertical.
Nelson entered free agency Wednesday, when the Denver Nuggets waived him to create roster space to sign Richard Jefferson and allow second-year guard Jamal Murray to assume the starting point-guard role.
Source: Shams Charania of The Vertical
Bobby Portis Apologizes to Bulls for Mirotic Fight
Bobby Portis has apologized to his Bulls teammates for getting into a fight that left Nikola Mirotic with facial fractures and a concussion. “He didn’t address us today, but he did address the team before so that was taken care of,” Bulls swingman Justin Holiday said after Friday’s practice.
Bulls coach Fred Hoiberg acknowledged that Portis’ apology took place during a team meeting but did not want to go into specific details about his message. “I’ll keep that between the team,” Hoiberg said, “as far as exactly what was said in that meeting.”
Source: Nick Friedell of ESPN