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Post by New York Knicks on Nov 8, 2010 9:27:04 GMT -5
Soft Cap = 65 Million Hard Cap = 85 Million
- No Penalty for being under the Soft Cap. - You may go over the Soft Cap, as long as rules are followed (such as the 125% Rule) - You may NOT go over the Hard Cap. The only way to go over the Hard Cap is if you have less than the required 12 Players on your roster, and you need to sign a player for the MINIMUM contract (1 year, $500,000). If that Minimum Contract takes you over the Hard Cap, that is ok, but that is the only way you may go over the Hard Cap.
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