Salary cap is 55.63 million

http://sports.espn.go.com/nba/news/story?id=2932279

Among other things, luxury tax is 67.865 million.

new york, phoenix, denver, and minny pay luxury tax.

Your thoughts?

I can still remember when the cap was around $23 million. It's certainly shot up over the last decade.

Those were the good old days...

Wow. The Lewis deal might turn out to be 19M/year.

I don't see how it's really neccessary, but wow Rashard is certainly in heaven now isnt he?

never knew lewis was worth that much
always thought ray was a better option on both ends of the floor...

never knew lewis was worth that much

Because he is not worth that much. Honestly he should not get more than 8 mil a year. (that even seems a little high)

He's worth much more than 8 million a year. He's an all star forward who can score 25 points a night if he wanted to but he defers to Ray Allen. He's also an underrated defender. He's not a huge shot blocker or rebounder, but he can contain a man with his lateral quickness and wingspan.

He's worth 11-13 mil a year, but not more than that.