Revenue losses stemming from the COVID-19 crisis and th…

Revenue losses stemming from the COVID-19 crisis and the NBA’s frayed relationship with China could result in a significant reduction in the salary cap. Max contracts are calculated based on the salary cap, so any reduction in the cap would cause a corresponding decline in max contract figures. As a result, the Kings might end up saving money on Fox’s new deal, but league executives and agents say there is too much uncertainty to project how much a cap hit might impact the team’s books or Fox’s future earnings. “It’s just way too premature to predict what’s going to happen,” Priority Sports and Entertainment CEO Mark Bartelstein said. “There’s just so much to play out in the next few months.”
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November 30, 2020 | 10:32 pm EST Update
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