Salary cap Rumors
Q: Will the players get a cut? Brian Windhorst: Absolutely. Sponsorships fall under basketball-related income (BRI), and the players get 50 percent of that money. Also, in the recent collective bargaining agreement (CBA), the union negotiated that income from gambling falls under BRI and will be shared with the players. This is the new vein of revenue for the league. Q: What impact will that have on the salary cap? And when? Brian Windhorst: After a modest increase in the cap this season, the NBA is projecting the salary cap to inflate by $7 million in 2019. The league hasn’t explained the reason, but some of that projection might include some anticipated new gambling-related revenue. It will probably take a year or two for states to get operations fully up and running before possible ancillary money flows to the NBA.
Q: What is the league doing to protect the integrity of the game? Brian Windhorst: The league already hires firms to monitor all legal betting across the globe. I’ve personally seen the operations at one of them — Sportradar, in London — and it’s impressive. It has busted match-fixing in many sports. Of course, these firms can’t monitor illegal betting, which is why moving this to a legal framework is better for everyone. But the league is pushing for regulations in all states, such as banning certain prop bets that could be easy to manipulate. For example, who gets called for the first foul in a game is somewhat ripe for exploitation, so the league wouldn’t want to allow bets like that. For other in-game wagers — like, say, who will score the next basket — the league has sought to keep relatively low limits on the size of those bets to fight the temptation for corruption. It’s hard to try to buy off a player making millions if the most anyone can spend on a prop bet is $100.
Eric Pincus: In a memo to teams, the NBA has NOT changed it’s preseason salary cap projection, it remains at $101 mil for 2018-19 and 108 mil for 2019-20. Tax at $123 mil and $131 mil, respectively. Typically, there’s variance in the pre/post projection but not this year
The market for O’Quinn is unclear, but backup centers such as the Chicago Bulls’ Cristiano Felicio (four years, $32 million) and Milwaukee Bucks’ John Henson (four years, $48 million) may provide framework for O’Quinn’s market this summer. New York can exceed the salary cap to re-sign O’Quinn, which is something that, based on coaches and executives’ opinions of him, will be considered in July. Knicks coaches have been impressed by O’Quinn’s consistency this season and his ability to find cutters and shooters as a passer.
Ian Begley: Something to note on Trey Burke, per ESPN’s Bobby Marks: the Knicks will have his Early Bird Rights next summer, allowing them to go over the cap to re-sign him to a deal worth 105% greater than the average salary of 2018-19 for a max of four years. The average salary for 2016-17 was $7.8 million. This is a great cap factor for New York because Burke’s cap hold for the summer of 2019 is $1.6 million, per Marks.
Nets Daily: Nets have a $1.5 mn team option on @Isaiah Whitehead. Decision due on June 29. Considering how small option is (1.4% of salary cap) and how much they’ve invested in his development, I think there’s a good chance they keep him. #HazardZetForward