[Shams Charania] Updated financial figures for the 2023-24 NBA season nears the 10 percent maximum increase, league informed teams today: – $136 million salary cap, $2M higher than prior projection – $165 million luxury tax level, $3M higher than prior
Updated financial figures for the 2023-24 NBA season nears the 10 percent maximum increase, league informed teams today:
– $136 million salary cap, $2M higher than prior projection
– $165 million luxury tax level, $3M higher than prior https://t.co/udaRDUBXRK— Shams Charania (@ShamsCharania) June 21, 2023
by ormip
3 Comments
Don’t think this really changed our situation much, does it?
How will this help the Mavs get Lebron james
So what that means?
Once team salary budged is over $136 million team cant hire new players? Only can re-sign players that played with them last year?
If re-signing so many that goes over $165 million need to pay extra taxes?
I am asking this because 15 teams already have $135 million in contracts for next season. How they will fill the missing roster spots?