Salary Cap Snapshot: Cleveland Cavaliers

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 once financial data is reported. They will be located on the sidebar throughout the year, once all the teams’ cap figures have been relayed. You can always check for up-to-date rosters for each franchise, with the Cavs’ team page accessible here.

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

Guaranteed Salary

Total Guaranteed Salary= $127,519,873

Cash Sent Out Via Trade: $2.75MM ($200K sent to Bucks in Matthew Dellavedova trade; $1.8MM sent to Sixers in Sasha Kaun trade; $750K sent to Hawks in Kyle Korver trade) [Amount Remaining $750K]

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

Payroll Exceptions Available

Total Projected Payroll: $127,519,873

Salary Cap: $94,143,000

Estimated Available Cap Space: $33,376,873

Luxury Tax Threshold: $113,287,000

Total Projected Payroll For Tax Purposes: $127,625,668

Amount Above Luxury Tax: $14,338,668

Projected Luxury Tax Bill: $27,096,672

Last Updated: 1/13/17

The Basketball Insiders salary pages and The Vertical’s salary database were used in the creation of this post.

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