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NBA cap projection higher than thought

Updated: April 17, 2010, 1:13 AM ET
By Chris Sheridan | ESPN.com

NEW YORK -- The New York Knicks and other teams hoarding salary-cap space for this summer's free-agent market received surprisingly good news Friday when they were told at the league's board of governors meeting that the 2010-11 cap is projected to be $56.1 million.

That figure was $2 million to $3 million more than most teams had been expecting and $5.7 million more than the league forecast last July as a worst-case scenario. For the Knicks, it ensures they will have enough cap space ...

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