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2019-20 NBA Salary Cap set at $109.14 Million

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We now know the luxury tax line, cap exceptions, and potential cost of maximum contract extensions.

NBA: Playoffs-Portland Trail Blazers at Denver Nuggets Isaiah J. Downing-USA TODAY Sports

The 2019-20 NBA Salary Cap has been set at $109.14 million, according to multiple reports. Officially determining the cap is final point of transition between seasons. When NBA Free Agency opens on Sunday, June 30th, teams and free agents will know exactly where they stand financially.

A $109.14 million cap leaves the luxury tax threshold at $132.627 million. The Portland Trail Blazers are obligated to $126.663 million in guaranteed salary already, but that accounts for only 10 active players and three stretched contracts. It does not include salaries or cap holds for free agents Al-Farouq Aminu, Jake Layman, Enes Kanter, Seth Curry, and Rodney Hood.

The Blazers will have a taxpayer mid-level exception of $5.72 million to offer free agents. Of their incumbent five, only Aminu (Bird Rights) and Layman (Restricted Free Agent) are eligible for exceptions other than the TMLE.

The full numbers:

As the season turns, we also know more about the bar for a potential super-maximum contract extension for Damian Lillard.