The NBA’s minimum salary is one of several figures that changes from year to year at the same rate as the league’s salary cap. If the cap increases by 5% from one season to the next, the minimum salary will rise by the same amount.
That means that even though we don’t know yet exactly where the minimum salaries will end up for the 2022/23 season, we can make an educated estimate. When the NBA released its latest salary cap estimate, the league projected a $123,655,000 cap for the ’22/23 season. That’s approximately a 10% increase on this season’s cap, so the minimum salaries will increase at the same rate.
[RELATED: NBA Minimum Salaries For 2021/22]
A player’s minimum salary is determined in part by how much NBA experience he has — a veteran who has 10+ seasons under his belt is eligible for a significantly higher minimum salary than a rookie would be. Based on the current 2022/23 cap estimate, next year’s rookie minimum salary will surpass the $1MM threshold for the first time, while the minimum for a veteran with 10+ years of service will approach $3MM.
Here are the current minimum salary projections for the 2022/23 season, based on a $123,655,000 cap:
| Years of Experience | Salary |
|---|---|
| 0 | $1,017,781 |
| 1 | $1,637,966 |
| 2 | $1,836,090 |
| 3 | $1,902,133 |
| 4 | $1,968,175 |
| 5 | $2,133,278 |
| 6 | $2,298,385 |
| 7 | $2,463,490 |
| 8 | $2,628,597 |
| 9 | $2,641,682 |
| 10+ | $2,905,851 |
We’ll update these figures later this year once the NBA officially sets the salary cap for the 2022/23 season.
We previously published projections for next season’s maximum salaries and mid-level and bi-annual exceptions, based on a $122MM cap.
Lakers are not cheap because they sign players with 10 + years experience in summer
Then they pay luxury tax and buyout