The salary cap for the 22-23 NBA season is projected to come in at approximately $123.6 million, which is an $11.6 million increase from last year's figure of $112 million.

The final salary-cap number, which will be determined once the audit of the league's finances is complete and the basketball-related income for the 2021-22 season is totaled, will be sent to teams before the league's moratorium for the start of the 2022-23 league year begins, at 6 p.m. ET on Thursday.

According to Keith Smith of Spotrac, the following figures represent the max salaries:

0-6 YOS: $30,913,750
7-9 YOS: $37,096,500
10+ YOS: $43,279,250

4-year max 0-6 YOS: $138.5M
5-year max 0-6 YOS: $179.3M
4-year max 7-9 YOS: $166.2M
5-year max 7-9 YOS: $215.2M
4-year max 10+ YOS: $193.9M
5-year max 10+ YOS: $251.0M