Source: New York Post
Success has a cost – but the Knicks’ extreme success is an expense on everyone else. With the Knicks winning 13 straight playoff games, sweeping two consecutive opponents and making short work of the Spurs in a five-game series in the NBA Finals, the NBA’s salary cap will be much lower than previously expected, according to ESPN. When the NBA negotiated a $77 billion media rights deal, tripling the previous deal in total value, it attempted to curb the drastic increase in the salary cap by elevating it by a maximum of 10 percent.
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