The 2023–24 La Liga 2, also known as LALIGA HYPERMOTION[2][3] due to sponsorship reasons, was the 93rd season of the Segunda División since its establishment in Spain.
A total of 22 teams will contest the league, including 15 sides from the 2022–23 season, three relegated from the 2022–23 La Liga, and four promoted from the 2022–23 Primera División RFEF.
The first two teams to earn promotion from Segunda División were Granada and Las Palmas, who secured first and second positions, respectively, on the very last match day of the season.
The third and final team relegated to Segunda was Valladolid, after a 0–0 draw against Getafe on 4 June 2023, ending their one-year stay in top tier.
On 27 May 2023, The first two teams to earn promotion from Primera Federación were Racing Ferrol and Amorebieta, who secured the first position in their respective groups, on the very last match day of the season.