This NBA season, the salary cap was $ 109.1 million and the luxury tax line was $ 132.6 million. Next season is expected to move to a cap of $ 115 million and a luxury tax line of $ 139 (after factoring in the impact of the NBA’s issues with China).
Then the coronavirus hit. The NBA and the players’ union are still negotiating next year’s cap and taxes, but they’re not expected to drop below $ 109 million.
However, the teams had budgeted for this luxury $ 139 tax line and are now pressuring the league to maintain a high tax line, in part to allow movement of players, ESPN’s Bobby Marks reports.
One thing that is unanimous is that the teams are pushing for the tax level to reach $ 139 million and the apron to $ 145 million.
If the tax remains stable at $ 132.7 million, the FA and the commerce market will essentially be frozen.
A flat-rate tax would only benefit teams with a cap.
– Bobby Brands (@ BobbyMarks42) October 26, 2020
Teams with limited seats are largely non-playoff teams – Atlanta, Charlotte, New York, Detroit – that some free agents wouldn’t pick.
Keeping the tax line closer to $ 139 also helps teams with budgets that were a few million less than that figure, but who might unexpectedly find themselves above the tax line and either pay it or dump it. salary.
There is no set date for the release of salary numbers, but teams need to know the numbers (or roughly what they will be) before the 2020 NBA Draft on November 18. without knowing the salary cap and tax numbers.
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Report: NBA teams asking for higher luxury tax line for next season originally appeared on NBCSports.com