The NBA’s 2025–26 salary cap is officially set at $154.647 million, with a luxury tax line of $187.895 million. For the Washington Wizards—who already have $163.7 million in salary commitments—this confirms what we expected: they’re above the soft cap but still likely to avoid crossing the tax threshold. As a rebuilding team, it also doesn’t make sense to go into the tax anyway.
That’s because Washington is still deep in rebuild mode. The six players with the highest cap hits—Khris Middleton, CJ McCollum, Marcus Smart, Kelly Olynyk, Richaun Holmes, and Corey Kispert—include five on expiring contracts, with only Kispert signed beyond this season (2025-26).