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Report: NBA salary cap expected to increase to $63.2 million, luxury tax to $77 million

Apr 21, 2014, 12:07 PM EDT

Taj Gibson, Carmelo Anthony, Carlos Boozer Taj Gibson, Carmelo Anthony, Carlos Boozer

The NBA won’t officially compute next season’s salary cap and luxury-tax line until July, but estimates are always helpful in projecting what options teams will have this offseason.

Marc Stein of ESPN:

Sources told ESPN.com that all 30 teams were informed this week via league memorandum that an increase in the cap from this season’s $58.6 million to $63.2 million in 2014-15 — thanks to increased revenues — is now expected. A corresponding rise in the luxury-tax threshold from $71.7 million to $77 million is also projected, sources said.

This will affect every NBA team, but any with cap space this offseason will be happy with the large rise, as will any facing a luxury-tax bill. Here are few examples of how this projection affect teams:

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