Stein: 2013-14 Salary Cap is $58.5 Million

Zach Lowe via Twitter: "Can confirm @Marc Stein tweet on projected $58.5M cap for next season. Hearing word/$58.5M # started dribbling out to teams Fri-Sat." Back in November, 2012 there was speculation (via Stern) that a 20% increase in league revenues would lead to a $69M cap (huge increase). $60M was certainly anticipated more recently. $58.5M is a very modest increase and will have a huge impact roster manipulation.