Quote:
Originally Posted by dmek25
this is why the NBA is the best, when it comes to the salary cap. they have the Larry Bird rule. when you can sign a vet at max money, and only a portion counts against the cap. trying to encourage stars to finish their careers where they started it
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The New York Knicks didn’t get $82 million over the salary cap in 2006-07 with “Larry Bird exceptions”. The NBA cap is a joke, they say there is a cap but what is the penalty for exceeding it, luxury tax. So there is no cap, just a suggestion and a fee.