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Postseason Jun 6 TBD 8:30 PM EDT Boston ABC Postseason Jun 9 TBD 8:00 PM EDT Boston ABC Postseason Jun 12 Boston 8:30 PM EDT TBD ABC Postseason Jun 14 Boston 8:30 PM EDT TBD ABC Postseason Jun 17 TBD 8:30 PM EDT Boston ABC Postseason Jun 20 Boston 8:30 PM EDT TBD ABC Postseason Jun 23 TBD 8:00 PM EDT Boston ABC Atlantic W L PCT GB L10 Boston64 18 .780 0.0 7-3 New York50 32 .610 14.0 6-4 Philadelphia47 35 .573 17.0 8-2 Brooklyn32 50 .390 32.0 5-5 Toronto25 57 .305 39.0 2-8 Southeast W L PCT GB L10 Orlando47 35 .573 0.0 5-5 Miami46 36 .561 1.0 7-3 Atlanta36 46 .439 11.0 3-7 Charlotte21 61 .256 26.0 3-7 Washington15 67 .183 32.0 1-9 Results from the Go Local Guru Content Network
The salary cap for the 2022–23 season is $123.655 million (minimum team salary, which is set at 90 percent of the Salary Cap, is $111.290 million). The league's newest CBA, which takes effect with the 2023–24 season, requires teams to meet the 90% salary floor at the start of preseason training camp.
The NBA salary cap is the maximum dollar amount each NBA team can spend on its players for the season. However, the NBA uses a "soft" salary cap, which means that significant "salary exceptions" allow NBA teams to exceed their allotted amount in order to sign players.
In professional sports, a salary cap (or wage cap) is an agreement or rule that places a limit on the amount of money that a team can spend on players' salaries. It exists as a per-player limit or a total limit for the team's roster, or both.
With the projected salary cap for the 2024-25 season set at $141 million and the projected luxury tax set at $171.3 million, that means the Heat is already a luxury tax team, above the punitive ...
What is the 2023-24 NBA salary cap? The NBA's most recent projections peg the salary cap for the 2023-24 season at $136 million and the luxury tax at $165 million, according to ESPN's Tim Bontemps .
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The upcoming salary cap is currently projected at $136 million, with a first tax apron standing at $172 million and the daunting second apron at $182 million.
Little changed in terms of the salary cap between the 1999 and 2005 versions of the CBA. In exchange for agreeing to the controversial player age minimum, the players received a slightly higher percentage of the League's revenues over the course of the new agreement.
The NBA informed teams that the 2023-24 salary cap will rise by more than $10 million from this season’s salary cap, The Athletic reported Friday.
For teams that wished to exceed the salary cap, a luxury tax was instituted requiring offenders to pay on a dollar-for-dollar basis, provided total league salaries were above a specified level. The league's minimum salary was increased to $287,500, a $15,000 raise from before the lockout.
Edwards will now make about 30% of the salary cap instead of 25% on the five-year maximum extension he signed last summer. That will bring the total value of the contract to about $245 million.