The NBA Updates Salary Cap Projection for the 2020-21 Season
There’s been a slight update in the projected salary cap.
While the initial estimates of $109 million for the salary cap and $132 million for the luxury tax remained unchanged for the upcoming 2019-20 season, there’s been a dip in the 2020-21 projections. Shams Charania of The Athletic reports that the NBA now projects a $2 million drop in salary cap and luxury tax, leaving the numbers at $116 million and $141 million following the decrease.
In September, Charania reported that the NBA was on track to bump the salary cap to $118 million.
That being said, the upcoming free agent class is sure to benefit from the bump in salary cap from last season to the upcoming season. Kawhi Leonard, Kevin Durant, and Jimmy Butler are just a few of the marquee names entering the free agent market this summer.
The $2 million dollar decrease in cap projections will impact the 2020 offseason as general managers look to fill out their rosters.