Getty Images

The 2022-23 salary cap and luxury tax are expected to land a bit higher than previously projected, according to The Athletic's Shams Charania. The NBA has told its teams that it estimates the salary cap will be $122 million and the luxury-tax line will be $149 million. Previously, it had told teams to expect a $121 million salary cap and a $147 million luxury-tax line. 

Huge change! Seismic consequences! This could be the difference between your favorite team having an incredible, transformative  offseason and a terrible, franchise-crippling one! 

OK... that is likely not the case here. This does mean, however, that the few teams with significant cap space will have even more of it, teams close to the tax will have a little more wiggle room, teams over the tax will save some money and free agents can sign slightly larger contracts.  

Also, as The Athletic's John Hollinger noted, this means that the league is bringing in more revenue than expected despite the Toronto Raptors selling zero tickets for two-and-a-half months. Weird!

Five teams, by the way, project to have meaningful cap space in the offseason: the Detroit Pistons, Indiana Pacers, Orlando Magic, Portland Trail Blazers and San Antonio Spurs. The Memphis Grizzlies can join them if they are willing to simply let Kyle Anderson and Tyus Jones walk.