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Started By
Message
Tax Line moves to $165 Million
Posted on 6/21/23 at 11:49 am
Posted on 6/21/23 at 11:49 am
quote:
Shams Charania @ShamsCharania 8s
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
Thank you competitive playoffs.
2
Posted on 6/21/23 at 11:51 am to TigerinATL
Per Spotrac, this puts us about $8m below the tax on just our active roster.
This doesn’t account for the 14th overall pick, re-signing Jax or J Rich, or any other signings we may want to make.
This doesn’t account for the 14th overall pick, re-signing Jax or J Rich, or any other signings we may want to make.
Posted on 6/21/23 at 11:53 am to teke184
That extra 2 mil is going to be valuable. This doesn't even include us moving contracts to create a bit more space. I think we're in good shape.
Posted on 6/21/23 at 11:53 am to teke184
So around 12 million if we let Temple go.
Posted on 6/21/23 at 11:56 am to Soggymoss
We have a lot of possible movement BUT Zion’s contract may also scale based on the new cap.
Current estimate is $33.5m (25% of the cap) but that changes if the cap increases.
Current estimate is $33.5m (25% of the cap) but that changes if the cap increases.
Posted on 6/21/23 at 11:58 am to teke184
quote:
BUT Zion’s contract may also scale based on the new cap.
It's only $1 million more.
quote:
Shamit Dua @FearTheBrown 8m
$136M cap means Zion's max should start at $34M.
Also increased breathing room under the tax for the Pels is a good thing
This post was edited on 6/21/23 at 11:59 am
Posted on 6/21/23 at 12:03 pm to teke184
Plus EJ, but I imagine that will be a cheap deal. Still have some decently high hopes for him
Posted on 6/21/23 at 12:08 pm to SCLSUMuddogs
EJ is on a two way deal, I don’t believe those count against the tax line
Posted on 6/21/23 at 12:09 pm to Soggymoss
quote:
The big winners from the cap and tax increasing Super max contracts Nikola Jokic: $272M to $276M Joel Embiid: $210M to $213M Rookie extensions Zion, Ja and Darius Garland: $194M to $197M Tax teams A team like Golden St. saved $20M
Posted on 6/21/23 at 12:15 pm to Soggymoss
Hes not going to be on a 2 way deal next year. I highly doubt that.
This post was edited on 6/21/23 at 12:29 pm
Posted on 6/21/23 at 12:40 pm to Pels_Yaz
This helps with like CJ’s deal. Makes it looks slightly better. The cap should go up another ~13m next year too.
Posted on 6/21/23 at 3:19 pm to TigerinATL
Go woke, go…oh wait. 
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