Hawks' salary update (08.07.06)

[OGRat]

Where does the trade and Lo signing put us wrt the cap? Are we at the minimum cap level?

[Weez]

great post and information...but Edwards needs to be removed from the list/salary bottom lines...we traded him as well!

[Sothron]

We should be at the league minimum with the signing of Wright.

[OGRat]

From inside hoops:

July 12, 2006: The NBA salary cap for 2006-07 is officially $53.135 million. The mid-level exception is $5.215 million for the 2006-07 season and the minimum team salary, which is set at 75% of the Salary Cap, is $39.85 million. More on salary caps.

I've adjusted MrH's numbers and come up with $44.49 as an estimate. So we are over the minimum.