NEW YORK -- The NBA told its teams Friday that it still expects to see a significant jump in the salary cap and tax level in the 2023-24 season.
Based on current projections, both figures -- $134 million for the salary cap, $162 million as the tax level -- would set records, and both are $1 million higher than the league's most recent projections made in June. The figures represent the cap rising 8.4% and the tax level 7.8% over the 2022-23 season.
The 2022-23 season has a salary cap of $123.655 million and a tax level of $150.