NBA Free Agency: What Teams in the LeBron James Hunt Can Pay

May 27th, 2010 by Bryan Toporek Leave a reply »
With the Race to LeBron heating up as June approaches (John Calipari! Jay-Z! Phil Jackson!), it's time to clear up a few misnomers that have been circulating across the internet. First, LeBron did not change his jersey number from 23 to 6 because he's changing teams. Free agents have the ability to choose whichever number they'd like on their new team (assuming the number isn't retired for that franchise). He only had to make the move official with the league in case he stays with Cleveland. Now that we've cleared that up, let's tackle the main course: Determining exactly how much cap space each team has to play with this summer. This list is based on the assumption that the NBA salary cap for 2010-11 is set at $56.1 million, as the league recently projected. The final salary cap considers gate receipts from playoff if you're cheering for a higher salary cap, pray the Magic and the Suns can take their series to seven games. One note about the value of LeBron's max contract: Being a seven-year veteran, LeBron can now sign a contract for 30 percent of the NBA's total salary cap—assuming this $56.1 million cap figure, that approximates to a $16.83 million cont ...

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