NBA lowers 2020-21 salary-cap projection to $116M
The Knicks, Raptors, Hawks and Grizzlies project to have major cap room next summer.
Just a little less now.
Shams Charania of The Athletic:
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
The salary cap won’t be set until the summer it takes effect. So, there’s plenty of time for the exact number to fluctuate. But this projection was updated after evaluating how teams spent this summer – a key factor.
For perspective, the salary cap is currently $109,140,000. So, going to $116 million next offseason would still be a significant increase – just not as large as previously expected.
Next year’s free agent class is weak. It’s Anthony Davis then… maybe not a single other star. So, small shifts in the cap projection will create only minor ripples.
Everyone has their eyes on the 2021-22 cap. LeBron James, Giannis Antetokounmpo, Kawhi Leonard, Paul George, Bradley Beal, Rudy Gobert, Victor Oladipo, Jrue Holiday, Blake Griffin, LaMarcus Aldridge and DeMar DeRozan could all be unrestricted free agents that summer. That amount of talent availability requires careful planning.