Shams: NBA cap to rise to $134M for 2023-24, framework in place for in-season tourney

·2 min read

Per the Athletic’s Shams Charania, the NBA announced the salary cap for the 2023-23 NBA season is projected to be $134 million, about $10.4 million higher than this season, with a $162 million tax level. Both figures are $1 million higher than previous projections, which is sure to be welcomed by a Boston Celtics franchise with designs on contending over that period.

Charania indicated the league has a working framework for a potential, long-rumored in-season tournament. The Athletic NBA insider reported the tournament would take place in November as part of the league’s regular 82-game season. Other details are still to be ironed out between the league and the National Basketball Players Association.

It was also reported by Charania that eight teams would advance to a single-elimination final stage in December, with the two last teams left playing one extra game over the usual 82.

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Story originally appeared on Celtics Wire