The NBA has officially announced several key figures for the 20-21 season.
Salary Cap: $109,140,00
Tax Level: $132,627,000
Minimum Team Salary: $98,226,000
Non-Taxpayer Mid-Level Salary Exception: $9,258,000
Taxpayer Mid-Level Salary Exception: $5,718,000
Mid-Level Salary Exception for Room Teams: $4,767,000
Bi-annual Exception: $3,623,000
Max Annual Cash (in Trade) Limit: $5,617,000
Tax Level Plus Tax Apron Amount: $138,928,000
Max Annual Salary (0-6 Years of Service): $27,285,000
Max Annual Salary (7-9 Years of Service): $32,742,000
Max Annual Salary (10+ Years of Service) $38,199,000