Everybody knows that the NBA's salary cap is a very complicated concept. Theoretically, if the League did not have a salary cap, the teams in larger markets with more revenue streams would have an even larger advantage over the smaller market clubs. Ok, that sounds good. However, if you take a look at the 2008 team payrolls, you can find 27 of the 30 teams exceeding the salary cap. What? What happens there? Is the NBA's salary cap a joke? No, it's just that there are several significant exceptions that allow teams to exceed the salary cap to sign players.
By the way, Navarro has got one of the lowest salaries (at $538,090) in the League. Currently, after Grizzlies waive Tarence Kinsey, he has got the lowest salary on his team. Mike Conley, the other rookie on Grizzlies, earns a mere $3,337,160, more than six times Navarro's salary. And Pau Gasol, who has got the biggest salary on Memphis, is earning $13,709,375 this year (a quarter of the team's payroll). Wow!!
The salary cap for the 2007-08 NBA season was set at $55,630,000, and the minimum salary for an NBA rookie for this season was fixed at $427,163. Some other funny numbers are:
- $2,003,000,000 - Player salaries
- $93,628,178 - Dallas Mavericks payroll (the top team payroll)
- $23,750,000 - Kevin Garnet's salary (the top NBA salary)
- $4,650,000 - The average salary
1 comment:
Ramando,
It was good to know these NBA's figures. It was new for me, but it was great to learn it.
I wish you happy new year and best for your blog!
Jordi
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