August 2, 2021 | 6:35 pm EDT Update
Chris Haynes: Free agent guard Cameron Payne has agreed to re-sign with the Phoenix Suns on a three-year, $19 million deal, league sources tell @YahooSports .
Tim Reynolds: Duncan Robinson’s deal, when it gets done, will be either four or five years, source tells AP. Process still playing out. Barring trades, Miami will have a core of Butler, Adebayo, Lowry and Robinson for three years, with Herro under contract for at least two of them.
August 2, 2021 | 6:30 pm EDT Update
Shams Charania: Sources: The NBA has set salary cap for 2021-22 season, effective for August free agency: $112,414,000 cap, $136,606,000 tax line. Cap, tax for 2022-23: $119, $145 — with cap level about $4 million higher than previous projections.
Bobby Marks: Final numbers for Jayson Tatum, Donovan Mitchell, Bam Adebayo and De’Aaron Fox 2021-22- $28,103,500 2022-23- $30,351,780 2023-24- $32,600,060 2024-25- $34,848,340 2025-26- $37,096,620 Total $168M