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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. 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

  • Arinze Onuaku — $980,431 [Salary fully guaranteed on 1/10/17]
  • Damjan Rudez — $980,431 [Salary fully guaranteed on 1/10/17]

Total Non-Guaranteed Salary= $1,960,862


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; $230,000 from Clippers as part of C.J. Wilcox trade [Amount Remaining $3,195,000]


Payroll Exceptions Available

  • Room Exception — $2,898,000

Total Projected Payroll: $106,785,222

Salary Cap: $94,143,000

Estimated Available Cap Space: $12,642,222

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $6,501,778

Last Updated: 10/25/16

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

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