Salary cap set at $57.7 million

By Elliott Teaford on July 8, 2009 7:23 AM | | Comments (0) |

The league set the salary cap for next season at $57.7 million, which is down from $58.68 last season. The luxury tax for 2009-10 will be $69.92 million, down from $71.15 million. Any team whose salary is over the $69.92 million figure for next season will have to pay a $1 tax for each $1 it is above the luxury tax threshold. The Lakers are already north of $80 million for next season and they haven't re-signed sixth man Lamar Odom yet. The Lakers paid $7.1 million because they were that much over the luxury tax threshold last season.

Leave a comment

About Inside
the Lakers

Ramona Shelburne, Elliott Teaford and other Daily News and Los Angeles Newspaper Group staff writers keep tabs on the Los Angeles Lakers, from the backcourt to the front office and beyond.

About this Entry

This page contains a single entry by Elliott Teaford published on July 8, 2009 7:23 AM.

Artest, Brown sign contracts was the previous entry in this blog.

Odom update is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Recent Comments

Powered by Movable Type 4.25

Search

Ramona Shelburne's Lakers Twitter feed

    Follow Ramona Shelburne on Twitter

    Standings

    Lakers links

    Team stats
    Results
    Upcoming schedule
    Individual stats
    Roster

    Advertisement

    Other blogs

    Your (irregular) Erin Andrews update: She can take it on the chin in Farther Off the Wall
    Pick 'em: All-Time National League All-Star team in Inside the Dodgers
    Answer Friday! (Part 2) in Inside USC with Scott Wolf
    Russian shortage in Inside the Kings
    Morrison interview in Inside the Lakers