The NBA salary cap for the 2019-20 season has officially been set at $109.14 million, the league announced Saturday.
The number is roughly $140,000 higher than previously reported. The luxury tax threshold will be set at $132.627 million. As a result of this increase, the minimum salary each team must meet next season is $98.226 million.
Under the rules of the NBA’s Collective Bargaining Agreement, teams will continue to have three different mid-level exceptions they can use depending on how much money they have committed to players.
The non-taxpayer mid-level for the 2019-20 season is $9.258 million, the taxpayer mid-level is $5.718 million, and the mid-level for a team with room under the salary cap is $4.767 million.
All of these cap changes will go into effect at 12:01 a.m. ET on Monday, July 1, meaning they’ll pertain to this summer’s free agency negotiations.
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