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October 7, 2014 Updates

Paul was hands-on in making sure the events leading up to "Decision 2.0" were done tastefully and respectfully. James had meetings with only two teams - the Heat and Cavaliers - during the summer. Paul was considerate of not stringing teams along. "I wanted to be respectful of all organizations involved and you can only pick one, but I think it was important for him not to have a play-by-play of what he was doing," he said. Cleveland Plain Dealer

October 6, 2014 Updates

With TV and digital revenue more than tripling over the eight-year, $7.4 billion agreements that expire after the 2015-16 season, the financial landscape of the sport will be forever transformed. According to team executives who have crunched the numbers, the windfall could result in a $91.2 million salary cap in 2016-17 -- when LeBron James and Kevin Durant are due to be free agents. That's up from $63.065 million for this coming season and $58.679 million in 2013-14. That's right, the cap jumped 7.5 percent for 2014-15, indicating that the league has been making more money that expected under the 2011 CBA even before the lucrative new TV deals were finalized. CBSSports.com

Basketball-related income -- the revenue pie that determines player salaries -- could jump to $6.7 billion in '16-'17, league sources said. That's up from an estimated $4.5 billion this past season and a $4.7 billion projection for 2014-15. Individual max contracts for players with 10 or more years of service would start at $28.2 million in 2016-17 based on these projections and calculations negotiated in the 2011 CBA. This explains why James signed a two-year deal with a player option for 2015-16 when he returned to the Cleveland Cavaliers as a free agent this past summer. James' current max deal pays him $20.64 million this season. Other prospective free agents such as Kevin Love, LaMarcus Aldridge and Marc Gasol are expected to take the same approach to maximize their earnings under the new TV deals. "Our game has never been better," commissioner Adam Silver said in announcing the new agreements. CBSSports.com

October 5, 2014 Updates

Richard Sandomir: NBA to announce $24 billion/9 year deal w/ ESPN and TNT on Monday. Annual average value nearly 3x current deal. Twitter

Zach Lowe: WSJ says new rights fee more than doubles old one. Some buzz final $$ #s will be a bit higher than reported, but we'll find out tomorrow. Twitter @ZachLowe_NBA

Rick Bonnell: Sounds like NBA's new TV deal is done. Lots more revenue, which means a higher cap. Get ready for sticker shock on player salaries. Twitter @rick_bonnell

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