The NBA and the players' union have finalized an agreement to begin the 2020-21 season, sources told ESPN. The deal calls for free agency to begin Friday, Nov. 20, at 6 p.m. ET, two days after next week's NBA draft.
As was agreed to last week, the regular season will begin Dec. 22, and the schedule will be 72 games.
The salary cap is going to be set at $109.1 million, and the luxury tax will be $132.7 million, sources said -- the same numbers they were during the 2019-20 season, before the league's finances took a drastic hit as a result of the ongoing COVID-19 pandemic.