The NBA has lowered its salary cap projections for the next two seasons, according to a report from Eric Pincus of Basketball Insiders. The projected 2017/18 cap is now $102MM with a tax threshold of $122MM, while the 2018/19 projection calls for a cap of $103MM and a tax line of $125MM. Both figures would represent an increase from this year’s $94MM cap (and $113MM tax line), but those increases would be more modest than initially predicted.
Pincus relayed the 2017/18 cap projection earlier this week, but the forecast for the 2018/19 cap is new information. According to Pincus’ report, the reduction in the forecast for the next two years comes as a result of the new Collective Bargaining Agreement. As of July 2016, the league projected a $108MM salary cap for 2018/19, a far cry from Basketball Insiders’ latest report.
[RELATED: NBA’s July 2016 salary cap forecast]
With a projected $102MM cap in 2017/18, the starting figures for maximum salary contracts would be as follows:
- Players with 0-6 years of experience: $25.5MM
- Players with 7-9 years of experience: $30.6MM
- Players with 10 or more years of experience: $35.7MM
In 2018/19, those numbers would increase to:
- Players with 0-6 years of experience: $25.8MM
- Players with 7-9 years of experience: $30.9MM
- Players with 10 or more years of experience: $36.1MM