How much money will be spent during free agency?
Everything you need to know about NBA free agency, including the anticipated salary ceiling and luxury tax figures for the 2022-23 season, is right here.
Few clubs are expected to have considerable cap room this free agency cycle, and several front offices are nearing or over the luxury tax line. Some teams may be able to boost their spending power during the summer.
When will NBA free agency begin in 2022?
Date: Thursday, June 30.
Time: The event is scheduled to begin at 6 p.m. ET.
The NBA has yet to declare the official start date for free agency, although it is expected to begin on Thursday, June 30.
What is the salary cap for the NBA season 2022-23?
Salary cap expected: $122 million
The NBA has yet to release official salary cap figures for next season, but The Athletic’s Shams Charania reported in March that the salary cap will be set at $122 million. The salary cap for the 2021-22 season has been established at $112.414 million.
Which NBA teams have the most cap space in free agency in 2022?
As of June 29, the Knicks, Spurs, and Magic are expected to have the most cap space when free agency begins, with each team having more than $27 million available. The Pacers and Pistons are not far behind.
|Team||Projected cap space|
What is the luxury tax for the NBA season 2022-23?
The luxury tax is estimated to be $149 million. According to Charania, the luxury tax would be set at $149 million. Last season, the luxury tax threshold was $136.606 million.
What is the value of a max contract in the NBA?
The most a player can earn in a single season is determined by a variety of factors, including years of service. In general, the following are the maximum contract limits that apply to the first season of any new max contract or extension:
0-6 years of experience: Eligible for a salary of 25% of the salary cap
7-9 years of experience: Eligible for 30% of the salary ceiling
10 years or more of service: Eligible for a salary of up to 35% of the salary cap
These figures can vary based on the conditions of each individual player. For example, if a player achieves certain performance standards, he may be eligible for a different type of max contract (making an All-NBA team, winning the Defensive Player of the Year award or winning the NBA MVP award).