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NBA salary cap set at $58.044 million

Basketball Betting Lines

07/07/2010 - New York, NY (Sportsbook Betting Lines) - The NBA has set the salary cap for the 2010-11 season at $58.044 million.

This year's cap marks a surprising increase from 2009-10, when it was $57.7 million. The current figure is higher than the $56.1 million projected in April by commissioner David Stern.

With the salary cap in place, teams can start to officially sign players and make trades at 12:01 a.m. (et) on Thursday, July 8. The tax level for teams is $70.307 million.

In addition, the mid-level exception for next season is set at $5.765 million, while the minimum team salary, which is 75 percent of the cap, is set at $43.533 million.

Any team whose team salary exceeds that figure will pay a $1 tax for each $1 by which it exceeds $70.307 million.

Some teams have already verbally agreed to deals with the New York Knicks set to get Amare Stoudemire, the Heat coming to terms with Dwyane Wade and Chris Bosh, and the Chicago Bulls reportedly landing Carlos boozer.

The biggest name in free agency, LeBron James, is set to announce his decision Thursday night.


<< Clippers introduce Del Negro
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Clippers introduced Vinny Del Negro as their next head coach. The team held a press conference Wednesday for the 43-year-old Del Negro, who had one season and about $2 million remaining on h

<< Cubs put RHP Schlitter on DL
Phoenix, AZ (Sportsbook Betting Lines) - The Chicago Cubs have placed right-handed pitcher Brian Schlitter on the 15-day disabled list with a right shoulder impingement. Schlitter had his contract selected by the Cubs June 26 and made thre

<< Speculation building on LeBron's decision
Akron, OH (Sportsbook Betting Lines) - The speculation has been building and on Thursday night at 9 p.m. (et), two-time reigning MVP LeBron James will disclose his decision of where he'll play next. Will he remain with the Cavaliers? Better yet,

<< Thrashers re-sign Boulton
Atlanta, GA (Sportsbook Betting Lines) - The Atlanta Thrashers re-signed forward Eric Boulton on Wednesday. Terms of the deal were not disclosed by the club, but the Atlanta Journal- Constitution reported it is for one year and worth $650,000.

<< Kings ink Cousins
Sacramento, CA (Sportsbook Betting Lines) - The Sacramento Kings signed center DeMarcus Cousins, the fifth overall pick in the 2010 draft, on Wednesday. Terms of the deal were not released. Cousins, 6-foot-11, 270 pounds, averaged 15.1 points,

Jags release DE Hayward >>
Jacksonville, FL (Sportsbook Betting Lines) - The Jacksonville Jaguars have released defensive end Reggie Hayward, who spent nearly all of the 2009 season on injured reserve. The club had just re-signed him on April 1. Hayward suffered a

Dodgers put Belisario on restricted list; re-instate Monasterios >>
Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Dodgers placed pitcher Ronald Belisario on the restricted list Wednesday due to personal reasons. Belisario had been a lynchpin in the Dodgers bullpen, posting a 1-1 mark with a 3.79

Raiders blast media with regard to Russell issue >>
Alameda, CA (Sportsbook Betting Lines) - The Oakland Raiders issued a statement on Wednesday saying they tried to assist JaMarcus Russell prior to releasing him two months ago. He was arrested on Monday for possession of codeine syrup without

Leafs ink blueliner Lebda >>
Toronto, ON (Sportsbook Betting Lines) - The Toronto Maple Leafs have signed unrestricted free agent defenseman Brett Lebda to a two-year contract. The 28-year-old Lebda had a goal and seven assists while playing 63 games for Detroit las

Scherzer dominant as Tigers top O's >>
Detroit, MI (Sportsbook Betting Lines) - Max Scherzer threw seven solid innings as the Detroit Tigers completed a three-game sweep of the Baltimore Orioles with a 4-2 win. Scherzer (6-6) retired the first 11 batters he faced and was charged with

NFL ODDSTop Football Betting Free Agents to Change Teams

NFL Betting

It’s time to see how the biggest NFL free agent signings will perform for their news teams. Some will work out and could be the difference that makes a difference in the win column.

We look at the best off-season signings and if they should influence your NFL betting this season. Julius Peppers – Peppers was the biggest prize available on the 2010 NFL free agent market and the Chicago Bears opened the bank to bring his talents to the south side.

Peppers is explosive, he can get around blockers and cause quarterbacks to lose their minds. We all remember the classic Peppers game last year against the Vikings where he hounded Brett Favre into his worst game of the season. Peppers joining the Bears could be the reason Favre retired for good Tuesday morning. In addition to Peppers, the Bears added Chester Taylor to back up Matt Forte, Forte didn’t have the same intensity in 2009 compared to 2008 and bringing in Taylor will challenge Forte to bring it every game or he’ll risk losing carries to Taylor.

Betting on the Bears is a good option this season because of Julius Peppers and to a lesser extent Taylor. Antonio Bryant and Terrell Owens – The Cincinnati Bengals signed two former number one wide receivers to line up with Chad Ocho Cinco. Antonio Bryant had a huge season in 2008 catching 83 passes for over 1200 yards but regressed last season. Playing for the Tampa Bay Bucs last season was a large part of the regression, everyone was bad in TB last season.

Bryant should have a bounce back season if he can win the number two spot from Terrell Owens. If Bryant wins the number 2 WR spot, it will open up a completely new set of problems for the Bengals. If Owens is forced to the bench in favor of Bryant, his attitude will create trouble for Carson Palmer and head coach Marv Lewis. If Owens is the number two receiver, it means Bryant can’t live up to his past numbers and the Bengals are still limited in the passing game. NFL bettors should be wary of laying their money down on what could potentially be the biggest gong show in the league in 2010. 2010 football betting lines for this can be found at this top online sportsbook. Karlos Danby – The Miami Dolphins have a great running back tandem in Ricky Williams and Ronnie Brown, a good young QB in Chad Henne and now the Bill Parcells regime is building a solid defense.

NFL bettors should be wary of laying their money down on what could potentially be the biggest gong show in the league in 2010. Karlos Danby – The Miami Dolphins have a great running back tandem in Ricky Williams and Ronnie Brown, a good young QB in Chad Henne and now the Bill Parcells regime is building a solid defense. They signed away the Arizona Cardinals top linebacker Karlos Danby. In the past two seasons, Danby has totaled 228 tackles, 5 sacks, 3 interceptions and 3 forced fumbles. The Dolphins are the forgotten team of the AFC East with the second longest odds to win the division but with the addition of Karlos Danby and a trade for WR Brandon Marshall makes the Miami Dolphins legitimate contenders in the AFC East and in the NFL’s Eastern Conference.

The Dolphins will make NFL wagering fans a lot of money this season, get in early and enjoy the cash.

NFL Wagering

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