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Which NBA teams will spend more money on salaries in the 2023-24 season?

In the 2023-24 National Basketball Association season, teams are willing to spend big to secure top talent. However, these spenders face high expectations.

Golden State Warriors guard Chris Paul (3) celebrates after making a three-point basket
Kyle TeradaUSA TODAY Sports via Reuters Con

Success often comes at a high cost. The 2023-24 NBA season is no exception, as several teams spend significant amounts on player salaries. This article will examine which franchises invest heavily in their rosters and explore the exciting storylines surrounding these expenses.

5. Miami Heat - $187,787,110

The Miami Heat is one of the NBA teams with a high payroll of almost $188 million. However, they are willing to invest in their star-studded roster to achieve success. The team’s leading player is Jimmy Butler, who earns an astonishing $45.2 million. He teams up with Bam Adebayo, making an All-Star duo that helped the team reach two NBA Finals in the last four years. Tyler Herro, the former Sixth Man of the Year, has the potential to become a superstar, but he needs to stay healthy and mature. The success of the Heat will also depend on Kyle Lowry and Duncan Robinson, both of whom have significant contracts. It remains to be seen if these investments will pay off for Miami.

4. Phoenix Suns - $190,333,373

The Phoenix Suns have invested heavily in their team, with a payroll exceeding $190 million. The trio of Kevin Durant, Bradley Beal, and Devin Booker form a formidable Big Three, but this arrangement comes at a significant cost. While Booker’s contract was seen as “team-friendly” this season, it is set to escalate, with all three players earning over $50 million each following year. Although the Suns have their top four highest-paid players locked in, questions remain about their depth. Can they sustain their success when such a substantial portion of their budget is allocated to these star players?

3. Milwaukee Bucks - $190,873,675

As one of the teams with the highest payroll in the league, the Milwaukee Bucks have set their sights on winning a championship. The 2021 champions’ recent acquisition of Damian Lillard has only added to the pressure. Giannis Antetokounmpo and Lillard are now considered a formidable duo, drawing comparisons to the legendary pairing of Kareem Abdul-Jabbar and Oscar Robertson. However, the question remains - can this expensive team deliver another title to Milwaukee? With a whopping $107 million invested in Antetokounmpo and Lillard by 2025-26, the stakes are high.

2. Los Angeles Clippers - $197,274,133

The Los Angeles Clippers are among the most expensive teams in the NBA, but their chances of success seem dwindling. This is because both Paul George and Kawhi Leonard have player options for the upcoming season, and their decisions could majorly impact the team’s future. However, the Clippers have several players on expiring contracts, which gives them some flexibility and an opportunity to explore potential trades, such as one involving James Harden. Monitoring any changes to the Clippers’ roster is essential, as these changes could be crucial to their future success.

1. Golden State Warriors - $210,230,989

The Golden State Warriors are the leading spenders in the league, with over $210 million invested in their roster. The team’s core trio of Stephen Curry, Klay Thompson, and Draymond Green, who have been instrumental in the team’s four championships since 2015, remain the team’s focal point. However, Thompson’s contract is expiring, which adds some uncertainty to the team.

Despite this, the Warriors remain committed to maintaining their winning record, as seen through their investments in key players like Chris Paul and Andrew Wiggins. The team’s dedication to success is evident; only time will reveal if their efforts pay off.