![]() ![]() It’s the lone cap exception available to them in free agency, since their team salary is above the first apron, so they can’t offer more than the minimum to free agents. The Nuggets are the only team this season to use the taxpayer mid-level exception. ![]() Over-the-cap teams that have used all their cap exceptions: Boston has slightly more cap flexibility, but will still almost certainly be limited to minimum-salary offers for the rest of 2023/24, barring a cost-cutting move. Milwaukee, in particular, has several contract bonuses to account for and would find its team salary well above the second tax apron if certain players earn those unlikely incentives. The Celtics and Bucks may be able to start the season with team salaries below the second apron, but from a practical standpoint, it will be extremely difficult for them to make use of the taxpayer mid-level exception, which would hard-cap them at that second apron. Teams very close to the second tax apron: The Warriors, Clippers, Heat, and Suns all fall into that group and therefore don’t have any cap exceptions available to use on free agents besides the minimum exception. In addition to being prohibited from using the standard mid-level exception and the bi-annual exception, teams whose salaries are above the second apron aren’t permitted to make use of the taxpayer mid-level exception, which is worth $5MM. In 2023/24, the second apron is set at $182,794,000 ($17.5MM above the tax line) - it will increase along with the cap in future years. Here’s a breakdown of the teams currently limited to minimum-salary contract offers for free agents:īeginning this offseason, the NBA added a second tax “apron” and introduced new restrictions for the teams whose salaries exceed that apron. By our count, about a third of the NBA is in this boat, though some of those clubs could generate some spending flexibility by making cost-cutting trades. With that in mind, it’s worth checking in on which teams don’t currently have the ability to offer more than the minimum. In certain cases – especially on the buyout market in February – being able to offer a couple million dollars more than the minimum could be the difference between a team landing a free agent and missing out on him. Still, that doesn’t mean every signing for the next seven months will be of the minimum-salary variety. The majority of the players whose markets exceeded the minimum came off the board pretty quickly in July, and teams aren’t looking to spend big on the players who are still available. There won’t be many free agents who sign for more than the veteran’s minimum between now and the end of the NBA’s regular season. ![]()
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