NBA salary cap to increase just before the start of free agency / News - Basketnews.com

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According to Tim Bontemps of ESPN, just before the start of the free agency in the NBA, the league has decided on a higher-than-expected salary cap for the 2022-23 season.

2-pointers this season

56%26,5Points made:26,5Accuracy:55,8%Place in standings:20Record max:36Record min:12Most made 2FGs:Andrew WigginsTeamNBAStatisticsSchedule

The cap is expected to increase 10 percent from last season and roughly become $123.6 million. Previously it was expected that the cap would be set at $122 million with a $149 million luxury-tax threshold.

Instead, the projected luxury tax will increase to $150.267 million and the hard cap will increase to $156.98 million, according to Keith Smith of Spotrac.

Kevin Pelton of ESPN says that the Golden State Warriors losing three potential closeout games on the road in the last year's playoffs have helped to increase the NBA salary cap as the Warriors bring in more money to the league with their home games than about any team in the league.

The Warriors made about $42 million in the six home games in the first two rounds of the playoffs. NBA Finals games are projected to earn the organization about $16 million gross per home game.

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