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NBA Sets Salary Cap And Luxury Tax Limits For 2021-22

Moments after NBA free agency kicked off, the league announced salary cap and luxury tax details for next season.

2021 NBA Finals - Game One Photo by Garrett Ellwood/NBAE via Getty Images

The NBA has announced salary cap and luxury tax details for the forthcoming season. The Athletic’s Shams Charania posted the 2021-22 figures shortly after the opening of free agency with the salary cap set at $112,414,000 and the tax line at $136,606,000.

With only eight players tied to the roster for next season, the Portland Trail Blazers are already sitting on roughly $120 million, without including the addition of Greg Brown on draft night and any free agents added, including Norman Powell.

The $120 million also includes the stretched and waived contract of Andrew Nicholson, which will be on the books until 2023-24. Nicholson’s payout includes $2,844,429 each year.

Charania also highlighted projection for the 2022-23 season with salary cap set to rise to $119 million and the tax to $145 million.

ESPN’s Bobby Marks has also highlighted the money that Damian Lillard is set to earn over the next four years.