Free agency explodes as the official salary cap for 2016-17 is set

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Free agency was already a crazy time of year, but now that the official salary cap has been set for next season the whole landscape of the NBA will change forever - and it will keep growing too.

A report from states that the cap has increased by over $20 million and it's widely expected to jump again for the 2017-18 campaign thanks to a new television deal. The statement said:

"The National Basketball Association today announced that the Salary Cap has been set at $94.143 million for the 2016-17 season. The tax level for the 2016-17 season is $113.287 million.

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"The current Collective Bargaining Agreement provides for three different mid-level exceptions depending on a team's salary level. The non-taxpayer mid-level for this season is $5.628 million, the taxpayer mid-level is $3.477 million and the mid-level for a team with room under the Salary Cap is $2.898 million.

"The minimum team salary, which is set at 90% of the Salary Cap, is $84.729 million for the 2016-17 season."

The salary cap was $70 million last year, so it's only natural that some deals in this free agency period are set to shatter previous records.

Most franchises have room for at least two max-contract-level-players this summer and that's given the superstars on the open market more power than they've ever had before.

It's going to be a bold new world in the NBA and what once was the fee for a top, top player is now set to become the norm for a decent contributor.

To understand, keep an eye on free agency to see how the climate is changing.

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