The NBA introduced that the Wage Cap has been set at $136.021 million for the 2023-24 season. The Tax Stage for the 2023-24 season is $165.294 million.
The Wage Cap and Tax Stage go into impact at 12:01 a.m. ET on Saturday, July 1. Groups are permitted to start negotiating with free brokers as we speak at 6:00 p.m. ET — six hours previous to the beginning of the league’s “moratorium interval.” The moratorium interval ends at midday ET on Thursday, July 6.
The Minimal Workforce Wage is $122.418 million for the 2023-24 season.The First Apron Stage is $172.346 million for the 2023-24 season.The Second Apron Stage is $182.794 million for the 2023-24 season.
The Collective Bargaining Settlement offers for 3 totally different Mid-Stage Exceptions relying on a workforce’s wage stage. The Non-Taxpayer Mid-Stage for the 2023-24 season is $12.405 million, the Taxpayer Mid-Stage is $5 million, and the Mid-Stage for a workforce with room underneath the Wage Cap is $7.723 million.
