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NBA’s Salary Cap Jumping to $94 Million?

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The NBA is awash in cash, and free agency next month will be more lucrative than even the sunniest earlier projections.

The league’s salary cap is now projected to explode to $94 million from this season’s $70 million, according to a memo sent to teams Friday that was obtained by ESPN. That’s up from projections of $92 million in April and $89 million last year.

Source: Brian Windhorst of ESPN