NBA salary cap set at record $70 million for 2015-16 season

Wednesday, July 8th, 2015

While the world is focused on the DeAndre Jordan hostage situation free agency mess, the NBA released some good news for most of the league late Wednesday night. The league has set the salary cap for the 2015-16 season at a record-high of $70 million. The cap for next season has ...

Dallas Cowboys release DeMarcus Ware to clear cap space

Tuesday, March 11th, 2014

It's official, the Dallas Cowboys have released four-time All-Pro linebacker/defensive end DeMarcus Ware. The move will save the Cowboys $7.4 million in cap space, while they will also eat more than $8.5 million in "dead money." The 31-year-old Ware had asked the Cowboys to make a decision about his situation before ...

Los Angeles Lakers will pay almost $30 million in luxury tax

Wednesday, July 10th, 2013

The NBA announced its salary cap and luxury-tax threshold for the 2013-14 season on Tuesday and six teams were also given their bills for tax payments they owe the league for the 2012-13 season. As everyone should expect, the Los Angeles Lakers had the biggest bill of the season. The Lakers ...