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Report: NBA informs team of increase in salary cap for 2020-2021

The NBA is planning to make the salary cap $115M, slightly below a projected increase.

NBA commissioner Adam Silver watches the Toronto Raptors play the Oklahoma City Thunder during the second half at Chesapeake Energy Arena. Toronto won 130-121.  Alonzo Adams-USA TODAY Sports

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 luxury tax is also set: