Week In Review 7/5/15-7/11/15

The NBA announced that the salary cap for 2015/16 will be $70MM, an 11% increase from this past season, and the luxury tax line will be $84.74MM. The last cap projection from the league had been set at $67.1MM, and the projection for the tax had been $81.6MM. These figures mean the maximum salaries for this coming season are also going to be higher than estimated, so LaMarcus Aldridge, Marc Gasol, Kawhi Leonard and others who’ve agreed to max contracts this month will earn more cash than they thought.

The league also tabulated final payrolls for each team from last season, revealing that players collectively made less than the 50.39% of basketball-related income that the collective bargaining agreement holds that they’re entitled to. Thus, the league will pay out the $57,298,826 shortfall to the union, which will distribute that amongst the players.

Here’s the rest of the happenings from the week that was…

Trades

  • The Lakers acquired Roy Hibbert from the Pacers in exchange for a future second-rounder.
  • The Knicks acquired Kyle O’Quinn via a sign-and-trade deal with the Magic. Orlando will receive cash considerations as well as the rights to swap a second-round draft pick in 2019 in return.
  • The Kings dealt Ray McCallum to San Antonio for a future second-round pick.
  • The Mavericks acquired Zaza Pachulia from the Bucks for a future second round pick.

You can keep up with all of the offseason trades here.


NBA Signings

Eastern Conference

Western Conference

You can stay up to date on all of the signings with Hoops Rumors’ free agent tracker.


Offer Sheets

  • The Trail Blazers signed Thunder restricted free agent Enes Kanter to a four-year, maximum salary offer sheet.

2015 NBA Draft Pick Signings

You can stay up to date on all of the 2015 NBA Draft signings here.


Waivers


Miscellaneous News

  • The Timberwolves rescinded their qualifying offer to Robbie Hummel, making him an unrestricted free agent.
  • The Bulls announced that Randy Brown and Charlie Henry have been hired as assistant coaches, and that Mike Wilhelm will be retained as an assistant coach on Fred Hoiberg’s coaching staff.
  • Jordan Farmar signed with Israel’s Maccabi Tel Aviv.
  • The NBA fined Mavericks team owner Mark Cuban $25k for publicly confirming the team’s pending free-agent deals with DeAndre Jordan and Wesley Matthews.
  • The Celtics officially renounced their rights to Shaquille O’Neal, Stephon Marbury, Michael Olowokandi, Michael Finley, Carlos Arroyo, Nenad Krstic, P.J. Brown, and Scot Pollard, which in turn removes their cap holds.
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