Despite the unregulated pandemic situation as well as certain economic impacts, the NBA’s salary fund for the 2020-2021 season will remain the same as this year.
Not long after setting the start of the new season 2020-2021 on December 22 (local time), a series of major media outlets in the United States continued to make important milestones in the period of the pre-season, in which information about the NBA’s salary fund is something that both players and fans are most interested in.
NBA 2020-2021 salary budgets will remain the same
Despite the effects of the Covid-19 pandemic and the economic slowdown, NBA 2020-2021 salary budgets will remain the same as this year’s season. According to a source from Shams Charania, a reputable journalist of The Athletic, the salary fund for the NBA season 2020-2021 will remain unchanged at $ 109.1 million
At the same time, the tax limit is also set to 132.6 million as in this season. In addition, the salary fund and tax limit of the following seasons will also increase gradually in the range of 3-10%, depending on the situation after the end of the season.
Although there is a slight decrease from the $ 115 million predicted in early 2020, this is also an extremely impressive figure given the unregulated Covid-19 pandemic, as well as global economic influences.
In addition, Shams Charania also said that the opening time of the free transfer market will start on November 20 (local time) and the first signings that can be officially announced will be on November 22.
The free transfer market has also set a start date
With the salary fund in the 2020-2021 season unchanged from before and not having too many big names expiring their contracts after this season, it will be difficult for a blockbuster to appear before the season. new prize. The most prominent names in this group include Goran Dragic, Fred VanVleet, and two players with the option of extension, Anthony Davis and Andre Drummond.
However, Anthony Davis is expected to soon renew his contract with the Los Angeles Lakers to continue accompanying LeBron James. Fred VanVleet will also be kept by the Toronto Raptors with a maximum contract, while Goran Dragic is 34 years old and it will be difficult for him to own a good contract at the moment.
Meanwhile, Andre Drummond is uncertain about staying in the Cleveland Cavaliers and if the player refuses to unilaterally renew, this is probably the biggest star of interest to all teams in this transfer window.