AGRI Biz

David Stern announced on Friday that next season's salary cap is expected to be significantly higher than previously anticipated. Instead of falling between $50-53 million as was projected late last season, the new projection Stern delivered was $56.1 million.  That money may not seem like much, but to the team's saving up every nickel and dime for this summer, it could be the difference between landing a Chris Bosh or coming away empty handed.  Washington, Chicago, Sacramento, and the Los Angeles Clippers will all assuredly have enough cap space to sign max-contract free agents now.  But the real winners are the Miami Heat and New York Knicks. With the new projection the Knicks will probably see their dream of signing two players to maximum contracts.  T ...

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Article written by Michael Pinto