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Bah! The NBA makes me mad. Seriously, why can’t the basketball players and the execs resolve this current lockout? I want to have something to watch after football season is over. Let’s talk about what is holding up the players and the organizations from agreeing to a decision on how money is distributed.
The National Basketball Association Salary Cap is the limit to how much NBA teams are allowed to pay their players. It was actually first initiated in 1946, but it only lasted that one season. The first modern cap started during the 1984–1985 season, and has been in place ever since. Figure 1 shows a Time Series Plot (Stat > Time Series > Time Series Plot in Minitab Statistical Software) of how the cap has grown throughout the years:
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