Forbes
Tyrese Maxey's NBA Contract: Details and Impact
Contract Overview
In 2021, Tyrese Maxey inked a lucrative 4-year, $12,152,560 contract with the Philadelphia 76ers. The contract includes a full guarantee of $12,152,560, with an average annual salary of $3,038,140.
Salary and Cap Hit for 2023-24 Season
For the upcoming 2023-24 NBA season, Maxey is set to earn a base salary of $4,343,920. This salary will also serve as the cap hit and dead cap value, according to Spotrac.
Salary Breakdown and Cap Implications
Maxey's contract has significant implications for the 76ers' salary structure and their ability to maneuver within the NBA's salary constraints.
Based on the current salary figures, the 76ers would be approximately $12,702,734 over the league's luxury tax threshold. They would also be $5,340,734 over the salary tax limit.
These factors could restrict the 76ers' ability to sign additional players or make mid-season trades without incurring significant financial penalties.
Sportskeeda
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