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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= $114,628,849

Non-Guaranteed Salary

  • DeAndre Liggins —$990,696 [Salary Fully Guaranteed on 1/10/17]
  • Markel Brown — $980,431 [Salary Fully Guaranteed on 1/10/17]
  • Cory Jefferson — $980,431 [Salary Fully Guaranteed on 1/10/17]
  • Dahntay Jones — $980,431 (Actual Salary — $1,551,659) [Salary Fully Guaranteed on 1/10/17]
  • Eric Moreland — $980,431 [Salary Fully Guaranteed on 1/10/17]
  • John Holland —$874,636 [Salary Fully Guaranteed on 1/10/17]
  • Jordan McRae —$874,636 [Salary Fully Guaranteed on 1/10/17]
  • Jonathan Holmes — $543,471 [Salary Fully Guaranteed on 1/10/17]

Total Non-Guaranteed Salary= $7,205,163

Eligible for Rookie Scale Extensions: None

Cash Sent Out Via Trade:  $200,000 sent to Bucks in Matthew Dellavedova trade; Unknown amount sent to Sixers in Sasha Kaun trade [Amount Remaining $3.2MM]

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

Payroll Exceptions Available

  • Trade Exception — $9,638,554 (Anderson Varejao trade) — Expires on 2/18/17
  • Trade Exception — $1,333,420 (Sasha Kaun trade) — Expires on 8/15/17
  • Trade Exception — $947,276 (Jared Cunningham trade) — Expires on 2/18/17
  • Trade Exception — $845,059 (Joe Harris trade) — Expires on 1/12/17
  • Taxpayer Mid-Level Exception — $433,529 (Used portions to sign Richard Jefferson and Kay Felder)

Total Projected Payroll: $121,834,012

Salary Cap: $94,143,000

Estimated Available Cap Space: $27,691,012

Luxury Tax Threshold: $113,287,000

Amount Above Luxury Tax: $8,547,012

Last Updated: 9/30/16

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

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