Salary Cap Snapshot: Orlando Magic

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. The next franchise we’ll be looking at are the Orlando Magic, who currently are well over the league’s salary cap of $94,143,000 for the 2016/17 season. You can always check RosterResource.com for up-to-date rosters for each franchise, with the Magic’s team page accessible here.

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


Guaranteed Salary

Total Guaranteed Salary= $104,824,360


Non-Guaranteed Salary

  • None

Total Non-Guaranteed Salary= $0


Eligible for Rookie Scale Extensions

  • None

Cash Sent Out Via Trade:  $0 [Amount Remaining $3.2MM]

Cash Received Via Trade: $75,000 from Trail Blazers as part of Shabazz Napier trade; TBD from Clippers as part of C.J. Wilcox trade [Amount Remaining $3,425,000]


Payroll Exceptions Available

  • Room Exception — $2,898,000

Total Projected Payroll: $104,824,360

Salary Cap: $94,143,000

Estimated Available Cap Space: $10,681,360

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $8,462,640

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

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