• Loading stock data...
Saturday, June 22, 2024

Report: NBA Salary Cap Projected to Jump to $123.6M

  • The cap for the 2022-23 NBA season is projected to rise from last season’s $112 million to $123.6 million.
  • This offseason’s hike will be roughly equivalent to the amount the cap increased from 2017-18 through 2021-22.
Darren Yamashita-USA TODAY Sports

After several seasons of limited, COVID-affected growth, the NBA salary cap is reportedly making a big jump.

The cap for the 2022-23 NBA season is projected to rise from last season’s $112 million to $123.6 million — a $11.6 million increase, per ESPN’s Tim Bontemps.

That would make the luxury tax line approximately $150.2 million and the hard cap about $156.9 million.

Bontemps notes that this offseason’s hike will be roughly equivalent to the amount the cap increased from 2017-18 through 2021-22. The cap did not move at all between 2019-20 and 2020-21 due to decreased revenues during the pandemic.

Of course, the NBA salary cap is subject to exceptions allowing teams to exceed it in the right circumstances.

That’s how the reigning NBA champion Golden State Warriors could lead the league with a $184 million total team cap hit. Warriors superstar and Finals MVP Steph Curry had the highest individual cap hit of the 2021-22 season at $45.8 million.

On the other end of the spectrum, the Oklahoma City Thunder had the lowest cap hit in the NBA at $90.5 million — only $47.1 million of which was active.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Finals Draw Underwhelming Viewership, but NBA Juggernaut Rolls On

The impact will be negligible on the NBA’s $76 billion media-rights talks.

Clark vs. Reese: Priciest WNBA Game Set for Record-Breaking Viewership

Ticket pricing has already set a league record, while viewership expectations are lofty.

NCAA Backs Dartmouth Against Unionizing Men’s Basketball Players

The NCAA’s quest to save its business model continues.

Aces Sell Out Regular-Season Home Games in WNBA First

The Aces’ slow start continues to have no impact on the box office. 
podcast thumbnail mobile
Front Office Sports Today

How Women’s Sports Media is Charting Its Own Path

0:00

Featured Today

Jan 3, 2022; Pittsburgh, Pennsylvania, USA; General view of the NFL shield logo signage before the Pittsburgh Steelers host the Cleveland Browns at Heinz Field.

Odds Stacked Against NFL in Multibillion-Dollar Sunday Ticket Trial

Why the class action trial does not look promising for the league.
Jan 7, 2024; San Francisco, California, USA; Toronto Raptors forward Jontay Porter (11) takes a three-point shot against the Golden State Warriors during the second half at Chase Center.
June 9, 2024

‘Bound to Happen’: The Age of the Sports Betting Scandal Has Arrived

A banishment, betting scheme, and guilty plea all in one scandal-filled span.
June 8, 2024

‘Experimental in Nature’: The Rapid, Confounding Rise of Streaming Bundles

Here’s why confusion continues to outweigh solutions in the streaming package boom.
June 2, 2024

The Nostalgia Market: Michael Jordan’s Memorabilia Remains Coveted, With Caveats

Due to scarcity, and sometimes, items’ undisclosed whereabouts, this world has limitations.
Christian Horner, Team Principal of Oracle Red Bull Racing, speaks at the Red Bull Fan Zone, a private event at Oracle headquarters, on Wednesday October 18, 2023.

The Highest-Paid Formula 1 Team Principals

Christian Horner is the highest-paid Formula One team principal, earning $8 million annually.
David Griffin
June 4, 2024

The Highest-Paid NBA General Managers

R.C. Buford is the highest-paid NBA general manager, earning $10 million per year.
NHL: Chicago Blackhawks at Tampa Bay Lightning
June 8, 2024

The Highest-Paid NHL General Managers

Lightning GM Julien BriseBois is the highest-paid NHL GM with an estimated $3.5 million salary.
Sponsored

How HOKA is Reimagining the NIL Relationship

HOKA, the renowned athletic footwear and apparel brand, is betting on a new reality with NIL.
May 21, 2024

Jalen Brunson Reportedly Considering Giving Knicks $100 Million Discount

He would sacrifice a huge amount of money by signing a deal this summer instead of next.
March 13, 2024

Patrick Mahomes Restructures Contract (Again) for Chiefs’ Cap Relief

Mahomes borrows an idea from Tom Brady to keep the Chiefs competitive.
Minnesota Twins short stop Carlos Correa shrugs after a bad call
December 21, 2022

Carlos Correa Caps Off Mets’ Unprecedented $800M Offseason

New York will spend $498M between payroll and luxury tax in 2023.
Minnesota Twins shortstop Carlos Correa shows a thumbs-up to bench
December 14, 2022

Carlos Correa, Giants Agree to Record Infielder Contract

Correa and San Francisco reportedly agreed to a 13-year, $350M contract.