The NBA’s salary cap for 2015/16 is set at $70MM, which is good for an 11% increase from last season, and the luxury tax line is fixed at $84.74MM. With the February 18th cutoff date for trades now past and the de facto deadline of March 1st for buyouts rapidly approaching, we at Hoops Rumors are in the process of updating the salary cap commitments for each NBA franchise for the 2015/16 campaign. Here’s the cap breakdown for the Cleveland Cavaliers, whose regular season roster can be viewed here:
- 2015/16 Salary Cap= $70,000,000
- 2015/16 Luxury Tax Line= $84,740,000
- Fully Guaranteed Salary Commitments= $106,877,492
- Remaining Cap Room= –$36,877,492
- Amount Above Luxury Tax Line= $23,241,314*
Cap Exceptions Available:
- Trade Exception= $2,854,940 (Mike Miller. Expires July 30th, 2016)
- Trade Exception= $845,059 (Joe Harris. Expires January 12th, 2017)
- Trade Exception= $9,638,554 (Anderson Varejao. Expires February 18th, 2017)
- Trade Exception= $947,276 (Jared Cunningham. Expires February 18th, 2017)
- Trade Exception= $2,329,471 (Brendan Haywood. Expires July 30th, 2016)
Cash Available to Send Out In Trades= $2,465,386
Cash Available to Receive Via Trade= $3,325,000
Note: Despite the trade deadline having passed, the NBA season technically doesn’t end until June 30th. Teams are able to again make trades upon the completion of the regular season or when/if they are eliminated from the playoffs, whichever comes later. So these cash limits still apply.
The Basketball Insiders salary pages were used in the creation of this post.