Indiana Pacers 2023-2024 Salary Cap Update
Breaking Down the Team's Financial Situation
Payroll and Cap Space
The Indiana Pacers are projected to have a team payroll of $136,021,000 for the 2023-2024 season. This figure is close to the league-wide salary cap, which is set at $136 million. The Pacers currently have $29.2 million in cap space, giving them flexibility to make moves in the upcoming offseason.The Pacers have a number of key players who are due for salary increases next season, including Tyrese Haliburton, Myles Turner, and Andrew Nembhard. These players have shown significant improvement in recent months and are expected to command higher contracts.
The team also has a few players with expiring contracts, including Buddy Hield, Daniel Theis, and Jalen Smith. These players could be traded or allowed to leave in free agency, which would free up additional cap space for the Pacers.
Overall, the Pacers are in a solid financial position heading into the 2023-2024 season. They have a young and talented core of players, and they have enough cap space to make significant additions to the roster.
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