2007-08 NBA Salary Cap set to $55.63 million
Jul 10th, 2007 by Inside Hoops
InsideHoops.com has full salary cap info for next season: The National Basketball Association today announced that the Salary Cap for the 2007-08 season will be $55.630 million. The new Cap goes into effect at 12:01 a.m. ET on Wednesday, July 11, when the league’s “moratorium period” ends and teams can begin signing free agents and making trades.
More at http://www.insidehoops.com/nba-salary-cap.shtml