The NBA has informed teams of slightly higher projections for the 22-23 salary cap and luxury tax at $122 million and $149 million respectively.

The most recent previous update in February had a salary cap of $147 million and luxury tax of $147 million. Those estimates were each $2 million higher than previous estimates.

The NBA has a salary cap of $112.414 million this season. 

The MLB is entering a lockout period and the NBPA released a statement in support of their counterparts in baseball. 

"Not even close," said Adrian Wojnarowski when asked if the MLB lockout foreshadows potential labor issues in the future for the NBA.

Wojnarowski highlighted how the MLB has an adversarial relationship with its players currently unlike the NBPA in which they have successfully worked through a number of issues. 

The NBA and NBPA both want to get a deal done by December 2022 when both sides have a mutual out they can exercise for the 22-23 season.

"They have an interest in not having another lockout," said Ramona Shelburne.