In recent days, the NBA has officially announced that it has reached an agreement with the players' union on the revised labor agreement. The salary cap for the 2020-21 season will be $109.14 million and the luxury tax line will be $132.627 million.
As a result, the amount of the top salary early contract extension contract of Nuggets guard Jamal Murray was also determined, totaling $160.1 million for five years. The specific annual salary is:
2020-21 season: $27,285,000
2021-22 season: $29,467,800
2022-23 season: $31,825,224
2023-24 season: $34.37 million 1242
2024-25 season: $37,129.41 million