The NBA is projecting a big wage cap bounce for the 2023-24 season, per a report from NBA.com.
The NBA initiatives that from the 2022-23 season to the 2023-24 season, the cap will rise from $123.655 million to $134 million, marking an 8.4% enhance, and the tax stage will rise from $150.267 million to $162 million, marking a 7.8% enhance.
If the cap was $134 million right this moment, 22 groups can be over; and 9 groups can be over the $162 million tax stage.
Eleven groups have over $134 million in participant salaries on the books for the 2023-24 season.
Plainly most groups are staying forward of the cap, even regardless of its meteoric rise – which is an effective signal for the aggressive and monetary well being of the league.
