Salary Cap Snapshot: Atlanta Hawks

With the free agent signing period winding down and teams looking ahead to the preseason, we at Hoops Rumors will be tracking the Salary Cap figures for each team around the league.  These posts will be maintained throughout the season and updated as new financial data is reported. These posts will be located on the sidebar once all the teams’ cap figures have been relayed. You can always check for up-to-date rosters for each franchise, with the Hawks’ team page accessible here.

The first franchise we’ll be looking at is the Atlanta Hawks, who currently are over the league’s salary cap of $94,143,000 for the 2016/17 season. The Hawks don’t have to worry about the luxury tax if their payroll remains where it currently stands, with Atlanta sitting a comfortable $14,483,758 under the tax threshold. The team currently has 17 players on its roster, which is two over the regular season maximum. Center Mike Muscala is the only player currently under contract who has zero guaranteed money promised him for next season, though Matt Costello‘s minimum salary pact only carries with it a partial guarantee of $50K.

Here’s a breakdown of where the Hawks currently stand financially:

Guaranteed Salary

Total Guaranteed Salary= $97,294,075

Non-Guaranteed Salary

  • Mike Muscala — $1,015,696 [Becomes fully guaranteed on 1/10/17]
  • Matt Costello — $493,471 [Becomes fully guaranteed on 1/10/17]

Total Non-Guaranteed Salary= $1,509,167

Eligible for Rookie Scale Extensions: Dennis Schröder, Tim Hardaway Jr.

Cash Sent Out Via Trade: $0 [Amount Remaining $3.5MM]

Cash Received Via Trade: $0 [Amount Remaining $3.5MM]

Payroll Exceptions Available

  • Room Exception: $398,000 remaining

Total Projected Payroll: $98,803,242

Salary Cap: $94,143,000

Estimated Available Cap Space: -$4,660,242

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $14,483,758

The Basketball Insiders salary pages were used in the creation of this post.

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