Adelaide 36ers and Perth Wildcats revealed to be the NBL's highest spenders

Adelaide 36ers and Perth Wildcats revealed to be the NBL’s highest spenders

  • May 6, 2024
  • Dan Boyce
  • NBL News
  • 0
  • 1377 Views
Google Advertisements

With NBL total team spends revealed for 2023/24, the ‘haves’ and the ‘have nots’ are now clearly visible for fans to see.

TOTAL TEAM CAP SPEND 2023-24

  1. Perth Wildcats $2,407,957
  2. Adelaide 36ers $2,262,445
  3. Tasmania JackJumpers $2,223,102
  4. Melbourne United $2,151,084
  5. Sydney Kings $2,042,070
  6. New Zealand Breakers $1,870,560
  7. Illawarra Hawks $1,809,796
  8. South East Melbourne Phoenix $1,779,641
  9. Brisbane Bullets $1,701,134
  10. Cairns Taipans $1,644,917

The salary cap was set at $1,820,245, a number that was exceeded by six teams: the Wildcats, 36ers, JackJumpers, Melbourne United, the Sydney Kings, and New Zealand Breakers.

While the total spends of each NBL team from both NBL23 AND NBL24 showed a notable increase in money spent around the league, primarily due to the three-year broadcast rights deal worth more than AUS$45 million (US$33.1 million) the league signed with ESPN, Foxtel and News Corporation signed last year and increased fan attendance is clear to see.

NBL23 SPENDNBL24 SPEND
RankSpend (Mil)RankSpend (Mil)+/- (Mil)Avg. Rank
36ers12.9223.260.341
Wildcats32.6413.651.012
United52.3943.160.773
Kings42.4052.980.584
Bullets62.3562.810.465
Phoenix22.8592.79-0.066
JackJumpers82.0533.271.227
Hawks72.2672.910.658
Breakers91.8062.961.169
Taipans101.65102.090.4410
Average-2.33-2.990.66

 

Going into the 2023-24 season, the salary cap was set at $1,820,245.40; a number that was exceeded by six teams: the Wildcats, 36ers, JackJumpers, United, Kings, and Breakers.

The JackJumpers, who ultimately won the NBL championship, did so with heavily increased spend on their playing roster and proved for the second year in a row a team doesn’t need to be among the highest spenders in order to win a title (Sydney winning the previous NBL championship whilst having the fourth highest league spend).

The total spend of each team is calculated after agent fees and non-cap exempt bonuses are paid and while approximate spends are what the NBL uses to make its calculations, these are the final values distributed across the league.

This season, the total luxury tax ($697,621) is $697,621, with 35% of that coming from the Wildcats. Perth ($246,416), Adelaide ($152,840), Tasmania ($133,169), Melbourne ($97,160), Sydney ($55,456), and New Zealand ($12,578) luxury tax will now be distributed among the four teams that remained under the cap: Illawarra, South East Melbourne, Brisbane, and Cairns, on a per-needs basis (determined by the league).

Other notes:

  • Although these calculations are considered the final numbers by the NBL, there’s believed to be a $0-$50k discrepancy between them. This disparity would mean it’s unclear who would sit in second place, Adelaide ($2,262,445) or Tasmania ($2,223,102), as would who sits in sixth would be unclear, New Zealand ($1,870,560) or Illawarra ($1,809,796) and which team would have spent the least, Brisbane ($1,701,134) or Cairns ($1,644,917).
  • Aron Baynes had the highest listed contract value in the NBL last season.
  • Cairns, the league’s lowest spender, would play the season without any Marquee Players and finish with a cap spend of $1,644,917.69 (almost 10% below the salary cap).
  • Cairns (2023) and Illawarra (2024) are the only teams to have made the postseason (top six) without spending over the luxury tax.
Dan Boyce (815 Posts)

Dan Boyce is a die-hard Sydney Kings fan who grew up in Melbourne during the roaring 90's of Australian Basketball and spent far too much time collecting Futera NBL Basketball cards.


Share:

Leave a Reply

Your email address will not be published. Required fields are marked *

  • Jamie O’Loughlin on NBL25 Coaching Trends, Strategies, and the Wildcats’ Back-to-Back Titles

    Jamie O'Loughlin, a veteran coach with championship experience at the Perth Wildcats and extensive work with the Cairns Taipans, joins the podcast to discuss the evolving coaching trends in the NBL and insights from NBL25. Visit dunk.com.au for your next set of basketball uniforms. From noticing shifts in offensive and defensive strategies across the league to reflecting on his time helping the Wildcats secure back-to-back championships in 2016 and 2017, O'Loughlin shares invaluable insights for basketball fans and aspiring coaches. He also breaks down the…

    READ MORE
  • Shawn Dennis on Whether Too Many Foreign Coaches Are Hurting the NBL, Plus Japanese Stars Who Belong in the NBL and Aussies Who Should Be Playing in Japan

    Shawn Dennis, head coach of Japan's Nagoya Dolphins, joins the podcast to discuss the evolution of Japanese basketball and its strong connection with Australian players and coaches. Since its launch in 2016, the B.League has become one of the highest-paying leagues worldwide, attracting both seasoned Australian coaches and NBL talent. Visit dunk.com.au for your next set of basketball uniforms. Dennis, going into his sixth season in Japan, joins host Dan Boyce to shed some light on how the NBL and B.League could benefit from closer…

    READ MORE
  • The 12,000-Seat Southport Stadium Set to Bring an NBL Team to the Gold Coast

    Plans for a new 12,000-seat stadium in Southport have injected momentum into the Gold Coast’s bid for an NBL franchise, positioning the city as a frontrunner for league expansion by 2027. Set to overlook the scenic Broadwater at Carey Park, the proposed stadium has sparked confidence among NBL officials that the region could sustain a national basketball team. NBL Chief Operating Officer Vince Crivelli expressed optimism, emphasizing that a world-class venue is essential for expansion. “We are encouraged and supportive of the exciting progress on…

    READ MORE
  • Dyson Daniels: The Defensive Maestro Fueling the Hawks’ Success

    Dyson Daniels is making waves in the NBA—not just with his scoring or playmaking, but through his relentless and disruptive defence. The Atlanta Hawks guard is currently ranked second in the NBA for steals, averaging 2.4 per game, and leads the league in deflections, making him a constant threat to opposing offences and a valuable asset for his team. This defensive prowess has been instrumental in the Hawks’ strong performances, including their 121-116 win over the New York Knicks today. In today’s game against the…

    READ MORE
  • Tommy Greer Steps Down as South East Melbourne Phoenix CEO

    In a major announcement, Tommy Greer, the foundation CEO of South East Melbourne Phoenix, has revealed his decision to resign after six successful seasons with the club. Greer, a pivotal figure in the Phoenix's establishment in 2018, has been instrumental in shaping the team’s identity and fostering its rapid growth within the National Basketball League (NBL). Interestingly, this announcement follows closely after the recent release of head coach Mike Kelly, marking a significant period of transition for the club. Just three weeks ago, AussieHoopla ran…

    READ MORE
  • Financial Collapse of Darwin Salties Likely Shuts the Door on NBL Expansion in NT

    The financial collapse of the Darwin Salties this week has all but closed the door on the possibility of an NBL expansion team based in the Northern Territory. Despite strong community support and government backing, the Salties have announced their withdrawal from the Queensland-based NBL1 North competition, citing unsustainable financial pressures. This development leaves the future of the club and the NT’s broader ambitions for professional sports in serious doubt. Founded in late 2021, the Salties quickly became a fan favourite, regularly filling stadiums and…

    READ MORE
  • Adelaide 36ers Lock in Montrezl Harrell for Rest of NBL Season

    Montrezl Harrell has officially committed to the Adelaide 36ers for the remainder of the NBL season. After a week of mounting speculation, Harrell’s agent, Darrell Comer of Tandem Sports & Entertainment, confirmed today that the former NBA Sixth Man of the Year has extended his contract, ensuring he will stay with the 36ers through the end of the season. Since joining the team, Harrell has made an impact both on and off the court. He's averaging 15.7 points on 55.6% shooting, along with 10.3 rebounds…

    READ MORE
  • New Wildcats Owner Mark Arena on the NBL Team Sale Process, Financial Upsides of Sports Ownership, and Expanding Basketball’s Reach in Asia

    New Perth Wildcats owner Mark Arena joins the podcast to break down the intricate details behind purchasing an NBL team and his vision for the club's future. As a lifelong Wildcats fan and successful tech entrepreneur, Arena shares insights into the business side of sports ownership and how he plans to elevate the Wildcats' brand, both locally and internationally. Visit dunk.com.au for your next set of basketball uniforms. In this episode, listeners will get an exclusive look into what it takes to acquire and manage…

    READ MORE
sekolahtoto SEKOLAHTOTO sekolahtoto SITUS TOTO TOGEL sekolahtoto SEKOLAHTOTO SITUS TOTO SEKOLAHTOTO sekolahtoto SEKOLAHTOTO sekolahtoto sekolahtoto SEKOLAHTOTO sekolahtoto sekolahtoto sekolahtoto sekolahtoto SEKOLAHTOTO toto togel situs togel terpercaya