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What is the luxury-tax apron, and why should Sixers fans care?

It took nearly three weeks, but we finally know the terms of James Harden’s new contract with the Sixers. He’s signing a two-year, $68.6 million contract with a $33 million salary this season and a $35.6 million player option in 2023-24, according to ESPN’s Adrian Wojnarowski.

Harden’s 2022-23 salary was the final piece to the Sixers’ offseason puzzle, as it will influence any other moves they can make this summer and throughout the regular season.

Teams that use the non-taxpayer mid-level exception, the bi-annual exception or receive a player in a sign-and-trade become hard-capped, which means they are not allowed to exceed the luxury-tax apron at any point through the rest of that league year.