Cleveland Cavaliers 2023 Salary Cap: Breaking Down the Figures
Largest Guarantee in NBA History Highlights Updated Salary Cap Table
Cavaliers Cap Space, Dead Cap, and Player Breakdowns
The Cleveland Cavaliers have released their updated 2023 salary cap table, providing an in-depth look at their financial situation. The table includes team cap space, dead cap figures, and complete breakdowns of player cap hits.
The most notable aspect of the Cavaliers' salary cap is the largest guaranteed contract in NBA history, signed by rookie Evan Mobley. Mobley's four-year, $136,021,000 contract surpasses the previous record held by Zion Williamson. This massive investment in Mobley signals the Cavaliers' commitment to building a competitive roster around their young star.
Other key points from the salary cap table include:
- The Cavaliers have $23.5 million in cap space remaining for the 2023-24 season, giving them flexibility to add additional players.
- There is $1.5 million in dead cap on the books for injured forward Lauri Markkanen, who is expected to return next season.
- Darius Garland, Jarrett Allen, and Isaac Okoro are all signed to team-friendly contracts, providing the Cavaliers with financial stability in the coming years.
The Cavaliers' salary cap situation is a complex one, but it provides a clear picture of the team's financial constraints and opportunities. With a young core of talented players and ample cap space, the Cavaliers are well-positioned to make a push for a playoff berth in the near future.
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Yahoo Finance
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