Sports center Collective Bargaining Agreement - Mock GM® 2023-24
2022-23 Salary Cap: |
$120,619,000.00
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2023-24 Salary Cap: |
$136,518,419.00
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2023-24 Salary Cap Threshold: |
$153,014,520.00
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Luxury Tax: |
$01.00 for every dollar over the 2022-23 Salary Cap at the conclusion of the College Draft.
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Max Yearly Salary Band 1 (0 - 6 years): |
$31,399,236.00 ($32,969,198.00 If Re-signed by current team)
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Min Yearly Salary Band 1 (0 - 6 years): |
$1,023,888.00
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Max Yearly Salary Band 2 (7 - 9 years): |
$38,907,749.00 ($40,853,137.00 If Re-signed by current team)
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Min Yearly Salary Band 2 (7 - 9 years): |
$2,116,035.00
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Max Yearly Salary Band 3 (10+ years): |
$45,733,670.00 ($48,020,354.00 If Re-signed by current team)
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Min Yearly Salary Band 3 (10+ years): |
$2,935,146.00
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Mid-Level Exception : |
$11,250,000.00
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Mid-Level Exception (60%): |
$6,750,000.00
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Mid-Level Exception (40%): |
$4,500,000.00
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Bi-Level/Lower Level Exception: : |
$3,937,500.00
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What teams get exceptions: : |
Immediately following the Sports center College Prospect Draft, each teams 2023-24 payroll is calculated along with their projected rookie draft class salaries, and the 2023-24 exceptions. If that total amount is above the 2023-24 salary cap threshold, those teams will receive both league exceptions. If that total is below the new salary cap threshold, then those teams will not recieve the 2023-24 exceptions.
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