Complex sentence: Under the CBA ratified in December 2011, the cap will continue to vary in future seasons based on league revenues; for the 2015--16 season, the salary cap was $70 million and the luxury tax limit was $84.74 million.
Split into simpler sentences: Under the CBA ratified in December 2011, the cap will continue to vary in future seasons based on league revenues. For the 2015--16 season, the salary cap was $70 million and the luxury tax limit was $84.74 million.