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NBA Lockout Deal: Salary Cap To Stay Steady At $58 Million, Salary Floor Up To $49 Million

With the NBA Lockout over, details are coming out about the entire deal piece by piece. The salary cap was a key point in these negotiations since the basketball related income is dropping from 57 percent for the players down between 49 - 51 percent. The salary cap is projected to be at $58 million for the 2011-12 season which is the same as the 2010-11 season and could be the same through the 2012-13 seasons.

That $58 million will be prorated for the 66-game season which would put the cap approximately at $47.4 million in actual dollar figures, the players income would be prorated as well. This will make figuring out contract amounts for free agents for this season a bit more difficult since the prorated cap is approximately 20 percent less.

The salary floor also has been set and increase from $45 million to $49 million which was in the last CBA. There are no teams that are threat to not meet the salary floor, but if they do fail to meet the salary floor teams are forced to split the deficit among players under contract.

The Dallas Mavericks have no concern of being at the salary floor since their 2011-12 projected salary as of now with players under contract is expected to be above $60 million. With the Mavericks expecting to be above the salary cap they are not going to face any higher luxury tax penalties as those penalties as well as repeater offenders will stay the same for this season and next season as well.

For more on the NBA Lockout, be sure and check out this SB Nation StoryStream. For more on the Dallas Mavericks, check out Mavs Moneyball.

Photographs by jamesbrandon, jdtornow, phlezk, flygraphix, mcdlttx, tomasland, and literalbarrage used in background montage under Creative Commons. Thank you.