The Golden State Warriors have had a lot of surprising playoff success, but it is not too early to think about the top free agent targets at every position. Yes, the Warriors want to build upon the strong foundation that is currently set in place, so they can improve to new levels next season.
The biggest problem that the team runs up against is the salary cap. With the new collective bargaining agreement in place, teams can no longer spend at will.
Warriors’ management is very cognizant of the new tax system in place under the new collective bargaining agreement (CBA), as they traded Jeremy Tyler and Charles Jenkins to get below the mark. Teams are going to be hit hard with penalties if they go over the tax threshold, and now there is an even stiffer penalty for the repeat offenders.
Larry Coon's NBA Salary Cap FAQ provides a chart that breaks down the penalties.
Here is a quick summary of the rates applied to first-time violators:
- $0 to $4.99 million over pays a rate of $1.50 for every dollar above the tax level
- $5 million to $9.99 million over pays a rate of $1.75
- $10 million to $14.99 million over pays a rate of $2.50
- $15 million to $19.99 million over pays a rate of $3.25
- $20 million and above pays $3.75 and an additional $0.50 for every additional $5 million
The Warriors currently are bordering the $70.3 million salary cap this season, but they are set to go over it next season.