The National Basketball Association (NBA) could see its salary cap rise in the next couple of years due to the renegotiation of TV contracts.

The deal of the NBA with TV juggernauts ESPN and Turner Broadcasting is set to expire come 2016. Both companies are adamant in locking the NBA to their stations, fixing the broadcasting of NBA games.

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These upcoming deals will not only affect the incoming revenue for the league, but also the salary cap it currently has.

Reports state that the deals could be seeing figures in excess of US$1 billion per year for each company. This would double the income the NBA receives from their current deals with broadcasting companies.

About the salary cap,  it is currently set at US$63.1 million, with the luxury tax set at US$76.8 million.

Next year, it is projected to jump to US$66.3 million, and the year after that to an astounding US$80 million. This is a jump of about US$16 million.

This is particularly important to teams who are trying to bring players together to go for the NBA championship, like the Miami Heat did when they assembled the big three in Dwyane Wade, Chris Bosh, and Lebron James.

The Cleveland Cavaliers would probably be one team of interest to the increasing salary cap.

They have just assembled a new big three in James, Kyrie Irving, and Kevin Love.

Currently, their cap figure is at US$68.4 million, just above the cap but way under the luxury tax line.

While they are safe for the moment, the year after is where it gets complicated, as they have to handle Irving, Love, and James' extensions and several expiring contracts.

TagsSalary Cap, Turner Broadcasting, cleveland cavaliers, Lebron James, Kyrie Irving, Kevin Love