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Describes the limit of side hoes you can have. When you hit the salary-cap you have reached the limit of girls you can handle at the same time. To make room for a new hoe you have to dump one, also refereed to as freeing up cap space.
Linus: Are you trying to hit that?
Andrew: I wish but I already hit my salary-cap. I need to free up some cap space before I am able to take on a contract that big.
A basketball reference, describing the act of dumping a side chick to make room for a new hoe. Often used when the salary-cap is hit. It is often recommended to free up some cap space before taking on a big contract
Andrew: This new girl in my class is fine as fuck. That's a big contract.freeing up cap space is a must, so I can afford that. I don't want to risk hitting the luxury tax.
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