Report: NBA informs teams of updated salary cap projections for 2019-2021

LAS VEGAS, NV - JULY 10: NBA Commissioner Adam Silver speaks to the media after the Board of Governors meetings on July 10, 2018 at The Encore Casino and Hotel in Las Vegas, Nevada. Mandatory Copyright Notice: Copyright 2018 NBAE
David Dow / National Basketball Association / Getty

The NBA has updated the league's 30 teams on future salary cap projections for the 2019-20 and 2020-21 seasons.

For the 2019-20 season, the salary cap is projected to be $109 million, with a luxury tax of $132 million, and the following season the cap and tax will be set at $118 million and $143 million, respectively, according to The Athletic's Shams Charania.

The projection for 2019-20 remains unchanged from reports in June, but has received a 1.5 percent bump for the 2020-21 season, Charania added.

As many of the inflated, four-year deals that were signed in 2016 are set to come off the books, the cap bump, which accounts to a $2 million dollar increase, will surely help teams as a strong free agent class hits the open market.

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