NEW YORK -- The NBA set the salary cap for the 2019-20 season at $109.14 million, an increase of just more than $7 million from last season.

The tax level will be $132,627,000, and the minimum salary, which is 90% of the cap, will be $98,226,000. All of those figures are virtually identical to what the league has been projecting for some time.

All the new figures take effect Monday. Teams may begin negotiating with free agents at 6 p.m. ET Sunday, and the league's annual moratorium begins at 12:01 a.m. ET July 1 and continues through noon ET July 6. When the moratorium ends, new deals can be signed.

The midlevel exception figures for 2019-20 are $9,258,000 for non-taxpayer teams, $5,718,000 for tax-paying teams and $4,767,000 for teams with salary-cap room.