NBA Salary Cap expected to decline “anywhere between $3 million and $12 million” for next season

It was reported on Friday that the NBA could hold up to 40% of player salaries for the upcoming season in escrow to offset anticipated losses due to having a limited amount of fans or no fans altogether.

The NBA Salary Cap is expected to decline “anywhere between $3 million and $12 million” for next season, sources told Connor Letourneau of the San Francisco Chronicle.

Per RealGM, the league reportedly missed its revenue projections by $1.5 billion due to a combination of the shutdown, cancellation of games, and finishing the season without fans.
It was reported on Friday that the NBA could hold up to 40% of player salaries for the upcoming season in escrow to offset anticipated losses due to having a limited amount of fans or no fans altogether.