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NBA Advises 2019 Salary Cap Projects To Be $101 Million
According to Basketball Insiders’ cap guru Eric Pincus, the NBA sent a salary cap update memo to its teams, advising that current 2019 salary cap projections remain on course for a $101 million salary cap for the upcoming season.
In a memo to teams, the NBA has NOT changed it's preseason salary cap projection, it remains at $101 mil for 2018-19 and 108 mil for 2019-20. Tax at $123 mil and $131 mil, respectively. Typically, there's variance in the pre/post projection but not this year
— Eric Pincus (@EricPincus) April 16, 2018
Additionally, the players project to have earned $20 million more than their share of basketball related income. The NBA will recoup that $ from escrow (the 10% that's withheld all year from player checks)
— Eric Pincus (@EricPincus) April 16, 2018
The NBA projects that the players overage for 2018-19 to be $45 mil (which would again be recouped by the league via escrow)
— Eric Pincus (@EricPincus) April 16, 2018
The final salary cap amount gets locked in after both the NBA and the Players Association complete their season-ending audits. The results of those audits and the final accounting on the NBA Playoffs can impact the projected salary cap values.