Salary Cap Snapshot: Washington Wizards

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 Washington Wizards, 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 Wizards’ team page accessible here.

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


Guaranteed Salary

Total Guaranteed Salary= $101,854,594


Non-Guaranteed Salary

Total Non-Guaranteed Salary= $2,235,844


Eligible for Rookie Scale Extension


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

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


Payroll Exceptions Available

  • Room Exception — $2,898,000

Total Projected Payroll: $104,090,438

Salary Cap: $94,143,000

Estimated Available Cap Space: $9,947,438

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $9,196,562

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

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3 Comments on "Salary Cap Snapshot: Washington Wizards"

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Zack
Member
Zack
9 days 11 hours ago

stil. cant believe mahimi makes $16M a year

ben
Member
ben
9 days 9 hours ago

heads up on the sheldon mcclellan typo. should it be 50k?

Luke Adams
Admin
9 days 8 hours ago

It should indeed. Thanks, it’s been fixed.

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