Philadelphia 76ers

Philadelphia 76ers 2023-24 Salary Cap

76ers 2023-24 Salary Cap

An updated look at the Philadelphia 76ers 2023 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

Player Option
Club Option
Non-Guaranteed
Estimate
Player (14) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Embiid Joel Embiid C $47,607,350 $47,607,350 - - - $47,607,350 26.30 35.00 $213,280,928
($213,280,928)
Vet Extension / Bird
Harris Tobias Harris PF $39,270,150 $39,270,150 - - - $39,270,150 21.69 28.87 $39,270,150
($39,270,150)
Free Agent (Max) / Bird
Hield Buddy Hield SG $19,845,098 $18,568,183 $1,276,915 $2,261,030 - $19,845,098 10.96 14.59 $8,320,019
($18,568,183)
Acquired via Trade
Batum Nicolas Batum SF $11,710,818 $11,710,818 - - - $11,710,818 6.47 8.61 $11,239,693
($11,710,818)
Acquired via Trade
Covington Robert Covington PF $11,692,308 $11,692,308 - - - $11,692,308 6.46 8.60 $11,221,928
($11,692,308)
Acquired via Trade
Melton De'Anthony Melton SG $8,000,000 $8,000,000 - - - $8,000,000 4.42 5.88 $8,000,000
($8,000,000)
Acquired via Trade
Reed Paul Reed C $7,723,000 $7,723,000 - - - $7,723,000 4.27 5.68 $23,555,150
($7,723,000)
Free Agent / Bird
Maxey Tyrese Maxey PG $4,343,920 $4,343,920 - - - $4,343,920 2.40 3.19 $4,343,920
($4,343,920)
Drafted / Rookie Scale
Lowry Kyle Lowry PG $2,795,839 $2,795,839 - - - $2,795,839 1.54 2.06 $2,795,839
($2,795,839)
RoS / NT-MLE
Oubre Jr. Kelly Oubre Jr. SF $2,019,706 $2,891,467 - - - $2,019,706 1.12 1.48 $2,891,467
($2,891,467)
Free Agent / Minimum
Payne Cameron Payne PG $2,019,706 $2,891,467 - - - $2,019,706 1.12 1.48 $1,096,763
($2,891,467)
Acquired via Trade
Bamba Mohamed Bamba C $2,019,706 $2,346,614 - - - $2,019,706 1.12 1.48 $2,346,614
($2,346,614)
Free Agent / Minimum
Martin Jr. Kenyon Martin Jr. SF $1,930,681 $1,930,681 - - - $1,930,681 1.07 1.42 $1,853,010
($1,930,681)
Acquired via Trade
Dowtin Jeff Dowtin PG $127,683 $127,683 - - - $127,683 0.07 0.09 $2,324,653
($127,683)
RoS / Minimum


2023-24 Two-Way

Players signed to Two-Way contracts that are currently designated to G-League affiliate. Two-way salaries do not count against a team's Total Cap/Tax Allocations.

Player (2) Pos.
Council IVRicky Council IV G          
SmithTerquavion Smith SG          


2023-24 Dead/Retained Cap

Cap breakdowns for players who have been released or served 10-day contracts. All count against the team's Total Cap Allocations.

Player (5) Pos. Base Salary Likely
Incent.
Unlikely
Incent.
Trade Bonus Cap Figure Cap % Notes
HarrellMontrezl Harrell C $2,891,467 - - - $2,019,706 1.12 Waived
GreenDanny Green SF $200,000 - - - $200,000 0.11 Waived
WilsonDJ Wilson PF $134,863 - - - $116,075 0.06 10-day
BazleyDarius Bazley PF $124,425 - - - $116,075 0.06 10-day
JonesKai Jones PF $116,075 - - - $116,075 0.06 10-day


2023-24 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the 76ers are currently over the league salary cap, these cap holds do not count against their Total Cap figure. Renouncing these cap holds will NOT afford the team any new cap space. These figures are not counted toward a team's Luxury Tax Allocation.

Player (5) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
ScottMike Scott PF - $9,510,165 Early Bird
DedmonDewayne Dedmon C - $2,019,706 Non-Bird
MillsapPaul Millsap PF - $2,019,706 Non-Bird
O'QuinnKyle O'Quinn C - $2,019,706 Non-Bird
PowellMyles Powell SG - $1,801,769 Two-Way


Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined.

Non-Taxpayer Mid-Level Exception Details is awarded annually to teams who are above the cap but below the Luxury Tax Apron ($172,346,000) and can be used for contracts up to 4 years in length.

Trade Exception Details becomes available when a team relinquishes more salary than it acquires during a trade. The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary.

Type Reason (Used On) Original Available
Non-Taxpayer Mid-Level
Kyle Lowry ($2,795,839)
$12,405,000 $9,609,161
Trade
10/31/2024
James Harden trade with LAC
$6,831,413 $6,831,413
Trade
11/01/2024
Filip Petrusev trade with LAC
$559,782 $559,782
Trade
2/10/2025
Danuel House Jr. trade with DET
$4,310,250 $4,310,250
Trade
2/10/2025
Patrick Beverley trade with MIL
$2,019,706 $2,019,706
Trade
2/10/2025
Jaden Springer trade with BOS
$2,226,240 $2,226,240
Trade
2/10/2025
Furkan Korkmaz trade with IND
$5,370,370 $5,370,370


2023-24 Luxury Tax Totals

Denotes the 76ers current standing in terms of the luxury tax threshold. Teams that spend over the threshold pay fines (estimated below).

Type Totals
2023 NBA Luxury Tax Threshold $165,294,000
Total Taxable Salaries $163,673,896
Current Luxury Tax Space $1,620,104


2023-24 Philadelphia 76ers Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $172,346,000 at any point during the season.

Cap Type Cap Total
Active Roster Cap $161,105,965
Dead Money $2,567,931
Cap Holds $17,371,052
Total Cap Allocations $181,044,948
Salary Cap Maximum
2023 NBA Salary Cap Max $136,021,000
Current Cap Space $-45,023,948
Salary Hard-Cap
2023 NBA First Apron ("Hard-Cap") $172,346,000
Total First Apron Salaries $165,934,926
First Apron Space $6,411,074
Second Apron
2023 NBA Second Apron $182,794,000
Second Apron Space $16,859,074
 

2023-24 Practical Cap Space

Available Practical Cap Space: $-47,961,366 — $-25,084,965

$-47,961,366
Projected Practical Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries + estimated exercised and declined options + estimated retained cap holds and draft pool cap holds.

$-25,084,965
Maximum Possible Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. All other options, cap holds, exceptions are assumed as declined, waived or renounced.





Deadlines

Deadline Date Player Type Value
6/29/2024 Tyrese Maxey 2024-25 Qualifying Offer $6,259,588
6/29/2024 Terquavion Smith 2024-25 Qualifying Offer — Two-Way $1,867,722
6/29/2024 Jeff Dowtin 2024-25 Club Option
6/29/2024 Ricky Council IV 2024-25 Qualifying Offer — Two-Way $1,867,722
1/10/2025 Jeff Dowtin 2024-25 Guaranteed $2,196,970
1/10/2025 Paul Reed 2025-26 Guaranteed — or if win opening round of 2023-24 playoffs $7,723,000
1/10/2026 Paul Reed 2026-27 Guaranteed — or if win opening round of 2023-24 playoffs $8,109,150
6/29/2026 Joel Embiid 2026-27 Player Option $59,024,000


Future Draft Picks

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
2024
PHI
2025
PHI
Top-6 Protected
OKC
7-30
2026
PHI
Top-4 Protected (if not already settled with OKC)
OKC
5-30 (if not already settled)
2027
PHI
Top-4 Protected (if not already settled with OKC) or Top-8 Protected (if PHI conveys 1st to OKC in 2025)
OKC    BKN
5-30 OKC or 9-30 BKN (if PHI conveys 1st to OKC in 2025)
2028
PHI
PHI
Top-8 Protected (if not already settled with BKN and if PHI conveys 1st to OKC by 2026)
BKN
9-30 (if not already settled and if PHI conveys 1st to OKC by 2026)
2029
LAC    PHI
PHI right to swap with LAC
PHI    LAC
PHI right to swap with LAC
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
2024
PHI
More favorable of CHI and NOP then other to IND (via CHI to NOP; via NOP to IND; via SAS to BOS)
PHI
Middle pick of CLE, IND and UTA then others to IND and NYK (via MEM to LAC)
PHI
via CHA
PHI
FORFEITED
2025
CHA
vai OKC
2026
SAS
Least favorable of DAL, OKC and PHI to SAS then others to HOU and OKC
2027
PHI
PHI    OKC
PHI pick if PHI conveys 1st to OKC by 2027; OKC pick if PHI does not convey 1st to HOU by 2027
2028
DET
31-55
PHI
56-60
PHI    BKN
PHI pick if PHI conveys second 1st to BKN by 2028; BKN pick if PHI does not convey second 1st to BKN by 2028
2029
PHI