The projected 2016-17 salary cap has risen to $94 million

Do you like the idea of spending somebody else's money on basketball players? If you answered "yes" then boy do I have some good news for you!

Vertical Sources: NBA has informed its teams that the projected salary cap will rise to $94M for 2016-'17 season. Higher than expected $92M.

— Shams Charania (@ShamsCharania) June 17, 2016

Here is an artist's rendition of every free agent this summer:

(A word to the wise: Diving head-first into gold coins is NOT a good idea. Only professionals like Scrooge McDuck should ever attempt such a stunt.)

What does that mean for the Knicks and their pursuit of some of the bigger fish in this free agent class? Here's a tidy breakdown of the max deals allowed under a $94-million cap:

Updated 2016-17 NBA maximum contract values, based on the latest estimate of a $94M cap. pic.twitter.com/pCyHDWWL74

— Jacob L. Rosen (@JacobLRosen) June 17, 2016

For players of 7-9 years service time, such as Nicolas Batum and Mike Conley, their current teams can offer an extra $39.4 million. That's wild.

OK, Phil Jackson, you have an extra $2 million to play with. Now build us a winner!