The NBA has informed teams about the new salary cap and tax level projections for the next two seasons, according to Shams Charania from The Athletic. For the 2020-2021 season, the salary cap will be $116 Million and the tax level will be $141 Million. For the 2021-2022 season, the salary cap will be set on $125 Million and the tax level will be $151 Million.
The NBA has informed teams of currently projected salary cap and tax level in 2020-21 ($116M/$141M) and 2021-22 ($125M/$151M), sources tell @TheAthleticNBA @Stadium. It is $1M lower for '20-21 and unchanged for '21-22 based on previous projections.
— Shams Charania (@ShamsCharania) September 16, 2019
In early estimations made in September 2018, the cap was projected at $118 Million and the luxury tax at $143 Million which is $2 Million more than the most recent projections.
Sources: The NBA has informed its teams of updated projected salary cap and tax level for 2019-20 ($109M, $132M) and 2020-21 ($118M, $143M).
— Shams Charania (@ShamsCharania) September 18, 2018
In 2016, the salary cap had a huge increase and it hasn’t stopped since. For the upcoming season the salary cap is set at $109 Million and, if the new projections are correct, the cap would go up approximately $7 Million.
The projections are not definitive and could increase or decrease as it happened in 2017 where early estimations had the cap in $108 Million and then on $101 Million but when the league revealed the official salary cap it ended up at $99 Million.