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NBA announces 2019-20 and 2020-21 salary cap and luxury tax levels

The National Basketball Association reached out to teams to confirm the projected salary cap and point where luxury tax will kick in. For the 2019-20 NBA season those markers are $109 million with a luxury tax of $132 million.

In addition the numbers currently projected for the 2020-21 season were also passed along. The salary cap is reported to be $118 million with the luxury tax reportedly be fixed at $143 million.

Shams Charania of the Athletic posted the information on social media via his tweet:

Sources: The NBA has informed its teams of updated projected salary cap and tax level for 2019-20 ($109M, $132M) and 2020-21 ($118M, $143M).