
NBA Announces 2022-23 Season Salary Cap
The National Basketball Association has announced that the Salary Cap has been set at $123.655 million for the 2022-23 season. The Tax Level for the 2022-23 season is $150.267 million. The Salary Cap and Tax Level go into effect at 12:01 a.m. ET on Friday, July 1. Teams were permitted to begin negotiating with free…