Which NBA teams have the most cap space in the 2023 free agency?

Reports from ESPN have projected that the NBA’s salary cap for the 2023-24 season will reach a staggering $136 million, with the luxury tax expected to soar to an unprecedented $165 million. In the previous season, teams operated under a salary cap of $123.655 million. According to Spotrac, a prominent sports contract website, as of June 25th, five teams are primed to possess the most available cap space.

With the NBA offseason in full swing, there is much talk about the top players entering the market as unrestricted free agents. Notable names such as Kyrie Irving, Khris Middleton, and Draymond Green are expected to garner considerable interest from teams seeking to strengthen their lineups for the upcoming season.

NBA teams with the most cap space in 2023

Leading the pack is the Houston Rockets, who currently boast a payroll totaling $59,783,491. Their significant financial leeway positions them favorably for potential player acquisitions and roster improvements. The Rockets have been linked to James Harden as a possible addition, but they may prioritize younger wing players to complement their guard-heavy team. This makes Kyle Kuzma and Jerami Grant appealing options, as they provide valuable floor spacing and fit within the team’s rebuilding plans. On the other hand, Harden is significantly older than most of the roster and may not be the best fit for the team’s long-term goals.

The Utah Jazz follows closely behind, having allotted a substantial $43,928,675 toward their team’s salary commitments. This considerable allocation places them in a solid position to explore player transactions during the offseason.

The San Antonio Spurs are not far behind, with an impressive budget of $37,477,403. This gives them ample financial flexibility to make strategic moves as they shape their roster for the upcoming season. The Spurs are considering adding a couple of experienced young players to their team as they work on building around Victor Wembanyama. They may be aggressive in their pursuit of this goal.

The Indiana Pacers have a total salary of $32,152,523, providing them with a solid foundation for maneuvering in the competitive landscape of the NBA. With available cap space, they can pursue potential player signings or make trades to enhance their team’s composition.

Lastly, the Detroit Pistons hold a formidable cap space of $27,819,304, offering them a significant edge in the league. This financial advantage positions the Pistons to pursue talent and build a competitive squad for the upcoming season.