The 2022-23 campaign was a competitive and spirited one for Rayo Vallecano as the Rayistas, under manager Andoni Iraola, secured a solid 11th-place finish in their second consecutive season back in La Liga. Leading the attacking charge was Isi Palazón (Isaac Palazón Camacho), whose 9 goals were decisive in a season built on the team's distinctive, high-pressing style of play. Despite a disappointing Copa del Rey Round of 32 exit to Sporting Gijón, the year cemented Rayo's status as a stable top-flight side and a key chapter in their modern era in Vallecas.