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Marc Stein: Salary Cap Number Is $58.04 Million

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Officially salary cap number is $58,044,000, up from $57.7 million last season. Luxury tax line rises to $70.3 million, up from $69.9 million. ----------------------------------- Note: Cap number is roughly $2 million above projections. Blazers remain well over the cap and are in the vicinity of the luxury tax line. The team's mid-level exception will reportedly be worth $5.77 million. This announcement gives motivated buyers like Miami even more money to play with. -- Ben Golliver | benjamin.golliver@gmail.com | Twitter

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