The NBA is expected to set the salary cap and the luxury tax at $109M and $132M, respectively, for the 2020/21 season, per RealGM.
Michele Roberts revealed to The Athletic that the NBA and NBPA are close to an agreement on the salary cap and tax.
The league is expected to make a series of important announcements regarding the salary cap, the luxury tax and the start of the new season in the coming days.