An NBA memo says teams had an estimated $93MM shortfall in player salaries this season, writes Eric Pincus of Basketball Insiders. Under the current collective bargaining agreement, players must receive 49% to 51% of basketball-related income. The league will finalize a full audit of revenue and expenses in July to determine the exact amount they will receive. The memo projects a $375MM shortfall for next season, which averages about $12.5MM per team. Also for next season, the league expects a $92MM salary cap and a $111MM luxury tax threshold. The salary floor, which is the 90% of the cap that teams are obligated to pay to players, would be set at $82.8MM. For 2017/18, the salary cap is expected to be $107MM with the luxury tax threshold set at $127MM. Seven teams are expected to pay $121MM in luxury taxes this season, with half of that earmarked for the revenue-sharing plan. The other half will be split by franchises under the $84.7MM tax threshold, giving them approximately $2.6MM per team.
There’s more from the basketball world:
- The loophole that allowed Thon Maker to become eligible for this year’s draft may inspire future prospects to try the same thing, writes Jeff Eisenberg of The Dagger. Maker, 19, qualified for the draft because he graduated from high school in Canada in 2015, meeting both the age requirement and the rule that a year must have passed since a player’s graduating class.
- Jonathan Isaac, who will be a freshman at Florida State in the fall, is no longer looking at this year’s draft, relays Adam Zagoria of SNY.tv. The 6’10” power forward worked out for NBA scouts this week, but is focused on playing for the Seminoles. There were reports in February that Isaac was thinking of trying to go straight to the NBA from IMG Academy. He is 19 and is a year beyond his graduating class, but he wouldn’t be draft-eligible because he doesn’t have a diploma. Isaac is ranked 13th in the 2017 mock draft by DraftExpress.
- Front-office diversity was among the topics addressed at the NBA board of governors meeting this week, according to Jeff Zillgitt of USA Today. Oris Stuart, the league’s chief diversity and inclusion officer, made a presentation on the benefits of diversity in management. The league is putting together a Basketball Operations Associates Program for ex-players and others who want to pursue front-office careers.
Idk that it is much of a loophole. It’s like being a 5th year Senior in college. Maybe you have all the 128/128 credits you need to graduate or whatever your school dictates, but… you take basket weaving and come back one more year to try and win it all. If he’s 19, and he did k-12 + 1 year, doesn’t matter if thats at college, overseas, burger king, or at his high school. Although opposing coaches gotta be like “Dude what the heck… how’s he eligible for HS games?”