The NBA's salary cap will rise to $70 million for the 2015-16 season — an increase of $2.9 million from a year ago, the league announced Wednesday. The luxury tax threshold also was raised 10.3 percent to $84.74 million. Both are effective beginning 12:01 a.m. ET on Thursday when the NBA’s moratorium period ends and teams can officially sign free agents and make trades. The minimum team salary — 90 percent of the salary cap — is $63 million. The increases mean new figures for unofficial max deal contracts reportedly agreed upon ahead of Thursday's opening. - See more at: http://www.sportingnews.com/nba/sto...-season?utm_source=dlvr.it&utm_medium=twitter
