via Elliotte Friedman tweets,

World Cup for Feb 2021 is off...not enough time to get it done. Commissioner still wants one, but won’t be then

Commissioner wouldn't be pinned down on a cap number -- said that will be negotiated with players (he's referring to their right to inflate the ceiling by up to 5 per cent). Current number is $81.5M, there is belief it could get to 84-85 depending on future conversations

added 3:02pm,