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Front Office Sports - The Memo

Sunday Edition

January 5, 2018

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The cap for this season is $123.6 million, but teams may exceed that figure to retain players through contract extensions. Teams over the cap are not only limited in trades and signings, but have to pay a luxury tax.

All but four teams are currently over the cap. The Golden State Warriors are $78.4 millionin excess, followed by the Brooklyn Nets at $70.9 million.

League revenues are expected to grow substantially with the next media rights package, which could triple the current deals with Disney and TNT that currently pay the league $2.6 billion annually.

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