The Philadelphia 76ers financial plan to not go over the luxury tax cap

NBA
Tuesday, 05 March 2024 at 07:00
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With the end of Darius Bazley's 10-day contract with Philadelphia 76ers, the franchise has now two roster spots available to fill. Despite this, it's possible that the Sixers choose to be cautious and not make any other moves in what's left of this regular season.

The primary reason for this caution lies in the team's financial situation, which is close to the luxury tax cap after moves made at the NBA trade deadline on Feb. 8. Despite signing Kyle Lowry to a $2.8 million contract for the remainder of the season, the Sixers are approximately $2.1 million under the tax cap.

However, Bazley's departure and the opening of these two roster spots doesn't necessarily mean the Sixers will rush to fill them. The structure of Buddy Hield's contract, acquired in the past trade deadline, also influences the team's decision-making.

Hield's contract includes incentives, some of which are "likely" to be achieved, while others are considered "unlikely." These incentives could significantly affect the Sixers' financial situation if the team goes deep into the playoffs.

As a result, the Sixers could opt to wait before filling available roster spots, especially considering that contracts for the remainder of the season are decreasing in value by the day. This would allow them to better assess their financial situation and avoid compromising their financial flexibility.

Ultimately, while fans may be eager to see new players on the team, the Sixers may opt for a more cautious strategy and wait until the regular season ends to make moves, making sure to stay within established financial limits.

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