The uncertainty about the future of the league is over. The players’ association and the league have agreed to start the NBA season on Dec. 22 and play 72 games.
The salary cap and luxury tax line will be set at $109 million and the tax line at $132 million, which is the same level as they were last season. Teams paying luxury tax could pay less if the league’s revenue decreases beyond expectations, while players could see the amount of their salary that goes into escrow rise in the next few years. There will be a shortened free agency period that will start on Nov. 20 before training camp opens on Dec. 1