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OKC Thunder: NBA sets salary cap for 2014-15

by Darnell Mayberry Published: July 9, 2014
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The salary cap for the 2014-15 season will increase to an all-time high $63.065 million, the NBA announced Wednesday.

The tax level has been set at $76.829 million.

Both go into effect Thursday, the day the league’s moratorium period ends and teams can begin signing free agents and making trades.

The Thunder’s payroll next season is roughly $70.9 million, which leaves Oklahoma City approximately $5.8 million shy of surpassing the tax threshold. That means the Thunder can sign a free agent with the full mid-level exception ($5.305 million) and remain under the tax.

Oklahoma City also has a $6.6 million trade exception that expires Friday. The Thunder can use all of the exception to acquire a player via trade without having to match salaries, or a portion of it. But the team is believed to allow the exception to expire.

BROOKS ARRIVES IN ORLANDO ON HEELS OF MEETING WITH GASOL

After missing the first four days of the Orlando Pro Summer League, Thunder coach Scott Brooks arrived Wednesday to watch his team’s 94-71 loss to Indiana from a seat at the scorer’s table.

Brooks traveled to Los Angeles to meet with free-agent center Pau Gasol on Tuesday, becoming the latest member of the Thunder to pitch Gasol on signing with OKC. Brooks declined to comment on the meeting when asked following the game Wednesday.

Russell Westbrook and Kevin Durant had a face-to-face meeting with Gasol last Wednesday in Los Angeles, and it is believed that Thunder general manager Sam Presti also has met with Gasol.

The Thunder has been described as a frontrunner to land Gasol, and the team could be on the verge of overcoming one hurdle with New York forward Carmelo Anthony reportedly set to announce Thursday that he’ll re-sign with the Knicks. But the next challenge for the Thunder is luring Gasol away from Chicago, one of several teams that had interest in Anthony but would have to move to a plan B should Anthony remain with the Knicks.

The Bulls, who reportedly have informed Carlos Boozer that he will be amnestied, can offer Gasol more money and the allure of the third largest market.

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by Darnell Mayberry
OKC Thunder Senior Reporter
Darnell Mayberry grew up in Langston, Okla. and is now in his third stint in the Sooner state. After a year and a half at Bishop McGuinness High, he finished his prep years in Falls Church, Va., before graduating from Norfolk State University in...
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