NBA Salary Cap and Luxury Tax Tracker
Real-Time Updates for the 2023-2024 Season
Salary Cap and Tax Totals for Each Team
The National Basketball Association has released the latest updates on the salary cap and luxury tax totals for each NBA team for the 2023-2024 season. The salary cap has been set at $123 million, while the luxury tax threshold has been set at $149 million.
Teams that exceed the salary cap will be subject to a luxury tax, which is a tax that is paid by teams on their total player salaries that exceed the cap. The tax rate starts at 20% over the cap and increases to 90% over the cap.
The following table provides a real-time look at the salary cap and luxury tax totals for each NBA team:
| Team | Salary Cap | Luxury Tax Threshold |
|---|---|---|
| Atlanta Hawks | $123,000,000 | $149,000,000 |
| Boston Celtics | $123,000,000 | $149,000,000 |
| Brooklyn Nets | $123,000,000 | $149,000,000 |
| Charlotte Hornets | $123,000,000 | $149,000,000 |
| Chicago Bulls | $123,000,000 | $149,000,000 |
This table will be updated in real-time as the season progresses and teams make roster changes.
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