The Philadelphia 76ers' Salary Cap Situation
Future Flexibility or Financial Burden?
The 76ers' salary cap situation is a complex one.
With a number of key players set to hit free agency in the coming years, the team has some tough decisions to make. The 76ers currently have 10 players under contract for the 2023-24 season, with a total salary of $136,021,000. This puts them over the salary cap of $123.6 million, meaning they will have to make some moves in order to get under the cap. The team's highest-paid player is Joel Embiid, who is set to make $33.6 million in 2023-24. Other key players include James Harden, who will make $33 million, and Tyrese Maxey, who will make $8.5 million.
The 76ers have a number of options for how to get under the salary cap. They could trade some of their high-priced players, such as Harden or Tobias Harris. They could also waive some of their less expensive players, such as Matisse Thybulle or Furkan Korkmaz. Or they could simply wait until some of their players' contracts expire.
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