The NBA’s preseason salary cap projections of $101MM for next season and $108MM for 2019/20 have not changed, Eric Pincus of Basketball Insiders tweets. The latest league projections were disclosed to teams in a recent memo, Pincus adds.
The cap estimates, which were originally made public in September, could naturally have a major impact on the free agent market this summer. The projection for 2018/19 represents a modest $2MM increase from last summer and a major change from what teams have seen over the the past two years. The cap jumped from $70MM to $94MM for the 2016/17 season. It bumped up another $5MM to the $99MM mark for the 2017/18 season.
The luxury tax level projections remain at $123MM and $131MM for the next two seasons, Pincus continues.
The players project to have earned $20MM more than their share of basketball related income (BRI). The NBA will recoup that from escrow (10% that’s withheld all year from player checks), Pincus adds.