Philadelphia 76ers Salary Cap Situation
Overview
The Philadelphia 76ers currently have a team payroll of $136,021,000, which puts them over the salary cap. The salary cap for the 2023-24 season is $134,960,000.
Largest Guarantees
The 76ers have two players with guaranteed contracts that are worth more than $30 million per year: Joel Embiid ($33.6 million) and James Harden ($33.0 million). Tobias Harris is also guaranteed $37.0 million for the 2023-24 season, but he has a player option for the 2024-25 season.
2024 Salary Cap
The 76ers have a number of players with expiring contracts in 2024, including Matisse Thybulle, Georges Niang, and Shake Milton. This will give them some flexibility to adjust their payroll in the offseason.
Player Options and Team Options
The 76ers have two players with player options for the 2024-25 season: Tobias Harris and Montrezl Harrell. Harris is likely to exercise his option, while Harrell's decision is less certain. The 76ers also have a team option on the contract of Jaden Springer for the 2024-25 season.
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