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"NBA players cash in as big free agency period opens Howard and Noah both returned to their hometowns Friday, with the Atlanta Hawks and New York Knicks hoping the former Defensive Players of the Year have plenty left to offer. Kent Bazemore also re-signed with the Hawks for $70 million over four years, joining players such as Chandler Parsons, Evan Turner and Timofey Mozgov in cashing in during the first day of free agency — and really, of a new era — in the NBA. With revenues rising and the salary cap soaring right along with it, good players were being paid like All-Stars, while All-Stars were getting contracts that used to go only to superstars. With the NBA's national TV contracts worth more than $2.6 billion annually beginning with next season, the salary cap that's tied to revenues will soar well beyond its previous record to between $90 million to 95 million. The Cavaliers' biggest decision could be what to do with free agent forward J.R. Smith,", www.chron.com
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