Free Agent Spending By Division: Southeast

Over the next several days, we’ll be breaking down 2016 NBA free agent spending by division, examining which teams – and divisions – were the most active this July.

These divisional breakdowns won’t present a full picture of teams’ offseason spending. Some notable free agents, including LeBron James, remain unsigned, so there’s still money out there to be spent. Our lists also don’t include money spent on this year’s first- and second-round picks or draft-and-stash signings. There are a few free agent names missing in some instances as well, since those deals aren’t yet official or terms haven’t been reported.

Still, these closer looks at divisional spending should generally reveal how teams invested their money in free agency this summer, identifying which clubs went all-out and which ones played it safe.

With the help of our Free Agent Tracker and contract info from Basketball Insiders, we’ll focus today on the Southeast division. Let’s dive in…

1. Washington Wizards

  • Total money committed: $239,223,166
  • Guaranteed money committed (including player options): $234,026,744
  • Largest expenditure: Bradley Beal (five years, $127,171,313)
  • Other notable signings:
  • Notes:
    • Marcus Thornton will earn $1,315,448 on a minimum-salary contract, but the Wizards will only pay $980,431 of that salary, with the NBA footing the rest of the bill.

2. Charlotte Hornets

  • Total money committed: $197,549,753
  • Guaranteed money committed (including player options): $187,517,567
  • Largest expenditure: Nicolas Batum (five years, $120,000,000)
  • Other notable signings:
  • Notes:
    • Brian Roberts will earn $1,050,961 on a minimum-salary contract, but the Hornets will only pay $980,431 of that salary, with the NBA footing the rest of the bill.
    • Sessions’ deal contributes significantly to the gap between the Hornets’ total money and guaranteed money committed, since his second year ($6.27MM) is a team option.

3. Orlando Magic

  • Total money committed: $197,000,000
  • Guaranteed money committed (including player options): $197,000,000
  • Largest expenditure: Evan Fournier (five years, $85,000,000)
  • Other notable signings:
  • Notes:
    • The Magic have yet to add any camp invitees or players on partially-guaranteed deals, so the four players listed above make up the team’s entire free agent haul so far.

4. Miami Heat

  • Total money committed: $186,713,810
  • Guaranteed money committed (including player options): $175,347,388
  • Largest expenditure: Hassan Whiteside (four years, $98,419,537)
  • Other notable signings:
  • Notes:
    • Like Sessions for the Hornets, Ellington’s second-year salary of $6.27MM is not guaranteed, which contributes to the gap between the Heat’s total money and guaranteed money committed.

5. Atlanta Hawks

  • Total money committed: $151,929,151
  • Guaranteed money committed (including player options): $150,530,431
  • Largest expenditure: Dwight Howard (three years, $70,500,000)
  • Other notable signings:
  • Notes:
    • Jarrett Jack will earn $1,551,659 on a minimum-salary contract, but the Hawks will only pay $980,431 of that salary, with the NBA footing the rest of the bill.

Previously:
Southwest

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