Reference no: EM133735439
Question: For this assignment, you will play the role of General Manager for a National Basketball Association (NBA) team. Specifically, you will be focusing on your salary obligations for the next three years (2019-2020, 2020-2021, 2021-2022).
First, pick any of the 30 NBA teams to manage for this assignment.
Then, begin the paper by discussing what is meant by a salary cap in the NBA. Briefly detail the 2018-2019 salary cap limits (soft cap, luxury tax, and hard cap).
Next, detail the last three years of salary structures for your club. Using hoopyshype.com, note the total amount of salaries, if the team was above or below the luxury tax, and if they paid the luxury tax or received of those funds (and how much).
Finally, project the next three seasons of salary obligations and detail the financial situation for the club in each season. Specifically, will the club have money to sign free agents or will they need to be looking to shed salary to meet the various cap limits you describe above?
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