Salaries Rumors

The Nets can go two different routes, depending on how their salary-cap situation plays out. If they move far enough below the projected “hard cap” of $85 million, they could potentially use the full $5.464 million mid-level exception, the $2.139 million bi-annual exception and be eligible to make sign-and-trades in which they receive a player signing a new contract. However, that would mean the Nets would not be allowed to go above $85 million in spending at any point during the 2015-16 season.
via New York Post