The NBA salary cap is expected to rise up to $115M in 2020-21, ESPN’s Adrian Wojnarowski reported Thursday. The initial projection was supposed to be $116M, so this is slightly below that figure, but not by much. It’s a sizable increase from the previous figure, nearly $6M higher.
The NBA has informed teams of projected 2020-2021 salary cap: $115M, league source tells ESPN. Original projection was $116M. That is still an increase from $109.1M in 2019-20.— Adrian Wojnarowski (@wojespn) January 30, 2020
The luxury tax is also set:
The luxury tax projection will be $139M, per sources. https://t.co/3jBS3llJqG— Adrian Wojnarowski (@wojespn) January 30, 2020
Many teams and agents had prepared for a bit lower projection, so there will be some encouragement with these 2020-2021 salary cap and luxury tax projections. Still, no figure will be finalized until numbers are officially calculated in late June.— Adrian Wojnarowski (@wojespn) January 30, 2020