The NBA has notified its teams that the salary cap projection for the 2027/28 season has increased by $2MM, according to Fred Katz of The Athletic (Twitter link).

The salary cap, which was projected at $174MM earlier this summer, now stands at $176MM, with the luxury tax line set at $213MM, Katz relays. The $174MM figure represented a 5.5% increase over the 2026/27 cap, so the league expects revenues to rise a little bit more.

The higher cap would result in a modest salary uptick for players who have signed maximum-salary contracts that will go into effect in 2027/28. For instance, the projected value of Victor Wembanyama’s five-year maximum-salary extension will increase from $252,300,000 to $255,200,000, while Shai Gilgeous-Alexander’s four-year super-max deal will rise from a projected $272,832,000 to $275,968,000.

The projected value of a four-year non-taxpayer mid-level exception deal will increase from $68,236,700 to $69,019,300.

The NBA announced in June that the cap for the upcoming season will be $164,961,000, which is just slightly below its projection of $165MM. That figure represents an increase of about 6.7% over last season’s $154,647,000 cap.

The league won’t officially set the 2027/28 cap number until the end of June 2027, so projections could fluctuate before then. Still, the update is good news for teams who will operating in tax and/or apron territory or who want to maximize their cap space next summer. With a potentially loaded free agent class looming next summer, everyone is expected to have a little more spending room to work with.