The NBA will reportedly increase its salary cap to $123.6 million for the 2022-23 season, an increase of $11.6 million from last season’s $112 million Tim Bontemps from ESPN.
As the league increases its cap space, the NBA’s luxury tax line for next season will be nearly $150.2 million, with a hard cap of nearly $156.9 million. Per league protocol, teams cannot exceed the hard cap when receiving a player in a sign-and-trade deal or when including their full midlevel exemption.
The league’s final salary cap will not be determined until the NBA’s financial review is complete and basketball earnings for the most recent season are totaled, according to Bontemps. Once everything is finalized and totaled, the final count will be sent to each team ahead of the league’s moratorium ahead of league years 2022-23, which begins Thursday at 6 p.m. ET.
Additionally, the increase in the NBA’s salary cap will be nearly equal to the amount the cap rose from 2017-18 to 2021-22 as the league played through the coronavirus pandemic for parts of the past three seasons.
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