NBA salary cap to be set at $109.1 million

As reported by ESPN, The salary cap is going to be set at $109.1 million, and the luxury tax will be $132.6 million — the same numbers they were during the 2019-20 season, before the league’s finances took a drastic hit as a result of the ongoing COVID-19 pandemic. Teams had been expecting both numbers to remain the same next season for some time now, as it was better for both the teams and the players to avoid a massive drop in the salary cap for next season because of the unplanned drop in revenue.

The salary cap is going to be guaranteed to go up by a minimum of 3% per year — and a maximum of 10% — through the remainder of the collective bargaining agreement.