Atlanta Hawks

Salary Cap Snapshot: Atlanta Hawks

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 and updated as new financial data is reported. These posts will be located on the sidebar once all the teams’ cap figures have been relayed. You can always check for up-to-date rosters for each franchise, with the Hawks’ team page accessible here.

The first franchise we’ll be looking at is the Atlanta Hawks, who currently are over the league’s salary cap of $94,143,000 for the 2016/17 season. The Hawks don’t have to worry about the luxury tax if their payroll remains where it currently stands, with Atlanta sitting a comfortable $14,483,758 under the tax threshold. The team currently has 17 players on its roster, which is two over the regular season maximum. Center Mike Muscala is the only player currently under contract who has zero guaranteed money promised him for next season, though Matt Costello‘s minimum salary pact only carries with it a partial guarantee of $50K.

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

Guaranteed Salary

Total Guaranteed Salary= $97,294,075

Non-Guaranteed Salary

  • Mike Muscala — $1,015,696 [Becomes fully guaranteed on 1/10/17]
  • Matt Costello — $493,471 [Becomes fully guaranteed on 1/10/17]

Total Non-Guaranteed Salary= $1,509,167

Eligible for Rookie Scale Extensions: Dennis Schröder, Tim Hardaway Jr.

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

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

Payroll Exceptions Available

  • Room Exception: $398,000 remaining

Total Projected Payroll: $98,803,242

Salary Cap: $94,143,000

Estimated Available Cap Space: -$4,660,242

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $14,483,758

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

Hawks Sign Matt Costello

JULY 26: The Hawks have issued a press release formally confirming their deal with Costello.

JULY 18: According to Eric Pincus of Basketball Insiders (Twitter link), Costello got a two-year, minimum-salary deal from the Hawks. The pact includes a $50K guarantee in year one.

JUNE 24: The Hawks have agreed to a deal with Matt Costello, Chris Vivlamore of The Atlanta Journal-Constitution reports. The big man will play on Atlanta’s Summer League team.

Costello averaged 10.7 points and 8.2 rebounds during his senior season at Michigan State. The Michigan native ranked 72nd among all seniors, according to Jonathan Givony of Draft Express.

Costello wasn’t expected to be drafted on Thursday night and he probably faces long odds of making the Hawks’ regular season roster. Entering the day, Atlanta had 12 players under contract, as the team’s depth chart at Roster Resource shows.

Hawks Show Interest In Thomas Robinson

  • After opting out of his contract with the Nets last month, Thomas Robinson has drawn interest from the Pacers, Suns, and Hawks, league sources tell Amico. Robinson’s player option for 2016/17 was worth the minimum, so if he can land a guaranteed offer, it won’t have been a mistake to turn down that option.

Update On NBA Traded Player Exceptions

Traded player exceptions, which we’ve explained extensively in a Hoops Rumors glossary entry, are a tool that over-the-cap teams can use to complete trades. For mid-season deals, when most teams are at or over the salary cap, these exceptions are typically used and created frequently.

This summer, however, with the salary cap increasing by more than $24MM and most teams choosing to use cap room rather than staying over the cap, trade exceptions have become scarcer — and less useful. In order for teams to actually use their available cap room to take on salaries or to sign free agents, those exceptions must be renounced.

Heading into the 2016/17 league year, teams around the NBA held a total of 29 trade exceptions. After the new league year officially got underway and the moratorium ended, the majority of those TPEs were lost. In total, 22 of the 29 previously-existing traded player exceptions were renounced or expired.

Earlier this month, only the Clippers, Cavaliers, and Thunder still held any TPEs, with Cleveland hanging onto five of them, and L.A. and OKC holding one apiece. Over the last week or so, a few new trade exceptions have been created, but with so many teams still under the cap, the full list is much shorter than it has been in past years.

Here’s a breakdown of the newly-created TPEs:

Charlotte Hornets

Amount: $1,666,470
Expires: 7/12/17
How it was created: When the Grizzlies signed Troy Daniels away from the Hornets, they did so in a sign-and-trade deal, allowing Charlotte to create a TPE for half of Daniels’ $3,332,940 salary.

Cleveland Cavaliers

Amount: $1,333,420
Expires: 7/15/17
How it was created: The Cavaliers created this TPE worth Sasha Kaun‘s 2016/17 salary when they sent him to Philadelphia without receiving any NBA salary in return.

(Note: The Cavaliers also created a $4,803,750 trade exception by signing-and-trading Matthew Dellavedova to the Bucks, but immediately used that exception to acquire Mike Dunleavy.)

Los Angeles Clippers

Amount: $1,209,600
Expires: 7/15/17
How it was created: When the Clippers acquired Devyn Marble from the Magic for C.J. Wilcox, the team actually used its old $947,276 TPE (acquired in January’s Josh Smith trade) to absorb Marble’s salary, then created a new exception worth Wilcox’s salary.

The traded player exceptions listed above have been added to our full breakdown of the TPEs available around the league. That list no longer includes the $2,038,206 exception the Thunder created last summer when they sent Perry Jones III to the Celtics — that TPE expired on July 14.

Our full list of TPEs also no longer features the following exceptions, all of which were renounced earlier this month when these teams went under the cap (expiry date listed in parentheses):

  • Atlanta Hawks: $947,276 (2/18/17)
  • Brooklyn Nets: $2,170,465 (7/13/16)
  • Chicago Bulls: $2,854,940 (2/18/17)
  • Chicago Bulls: $947,276 (6/22/17)
  • Denver Nuggets: $135,000 (2/18/17)
  • Detroit Pistons: $6,270,000 (6/29/17)
  • Golden State Warriors: $5,387,825 (7/27/16)
  • Golden State Warriors: $3,197,170 (7/31/16)
  • Memphis Grizzlies: $450,000 (2/18/17)
  • Miami Heat: $1,706,250 (7/27/16)
  • Miami Heat: $1,294,440 (7/27/16)
  • Miami Heat: $2,129,535 (11/10/16)
  • Miami Heat: $2,145,060 (2/16/17)
  • Miami Heat: $845,059 (2/18/17)
  • Miami Heat: $2,854,940 (2/18/17)
  • Milwaukee Bucks: $5,200,000 (7/9/16)
  • Milwaukee Bucks: $4,250,000 (7/9/16)
  • Minnesota Timberwolves: $5,000,000 (7/12/16)
  • New Orleans Pelicans: $102,217 (12/24/16)
  • New York Knicks: $1,572,360 (6/22/17)
  • Phoenix Suns: $578,651 (2/18/17)

Information from Basketball Insiders was used in the creation of this post.

Community Shootaround: Eastern Playoff Team Most Likely To Slide?

Last week, one of our Community Shootaround discussions focused on this year’s non-playoff teams in the East, asking which of those clubs had done the most to improve its roster so far this summer. The Knicks and Sixers received the most support, but several lottery teams got positive reviews from Hoops Rumors commenters for their offseason work.

Today, it’s time to look at the other eight teams in the East. The Cavaliers, Raptors, Heat, Hawks, Celtics, Hornets, Pacers, and Pistons all earned spots in the postseason. How many of those teams will be back in 2017, and how many will drop out?

The Heat had the most notable departure of any of those eight playoff teams, when Dwyane Wade left Miami to sign with his hometown Bulls. But Miami wasn’t the only club to lose a notable player. The Hawks saw Al Horford depart, and the Raptors parted ways with breakout rim-protector Bismack Biyombo.

The Hornets and Pistons, meanwhile, managed to re-sign their own key free agents, including Nicolas Batum and Andre Drummond, and added some complementary pieces. But Charlotte, at least, will have to deal with some notable departures as well, including Al Jefferson, Jeremy Lin, and Courtney Lee.

Finally, the Cavaliers, Celtics, and Pacers have all received solid reviews for their summer decisions — in Cleveland’s case, it’s simply enough to bring back most of the team that beat the 73-win Warriors for the championship. For Boston and Indiana, the changes are more notable — the C’s added Horford and No. 3 pick Jaylen Brown, while the Pacers brought in Jefferson, Thaddeus Young, and Jeff Teague, among others.

What do you think? Which of the Eastern playoff teams is most likely to slide down the standings in 2016/17? How many of these eight clubs do you expect to finish in the lottery next year? Is Miami the most obvious candidate to take a step or two backwards, or is there another team more in danger of underachieving?

Take to the comments section below to share your thoughts and opinions on the Cavs, Raptors, Heat, Hawks, Celtics, Hornets, Pacers, and Pistons. We look forward to hearing your thoughts.

Hawks’ Isaia Cordinier To Remain Overseas

Second-round pick Isaia Cordinier will remain overseas rather than joining the Hawks immediately, according to Chris Vivlamore of The Atlanta Journal-Constitution. Vivlamore reports that Cordinier, who played for Denain-Voltaire last season, will return to France and join Antibes for the coming season.

[RELATED: 2016 Draft Pick Signings]

Cordinier, the 44th overall pick in this year’s draft, is still just 19 years old, so it’s no surprise that the Hawks want him to get a little more seasoning overseas. Jonathan Givony of had reported in the wake of the draft that Cordinier may be joining Antibes, his hometown team, for the 2016/17 campaign, with an eye toward signing with Atlanta a year from now.

According to Givony, Cordinier had received a promise from a team drafting in the late-30s or early-40s, but that team reneged on the promise at the last minute. Givony referred to it as an “ugly story,” noting that Cordinier’s camp had even told other teams not to draft him, since he was guaranteed to be brought to the NBA immediately. Fortunately for the French shooting guard, he didn’t slip too far, and may just spend one more season playing international ball before joining the Hawks.

This past season, Cordinier appeared in 32 French League games for Denain-Voltaire, averaging 10.8 PPG, 3.6 RPG, and 2.0 APG, with a shooting line of .503/.404/.779. His new team, Antibes, plays Pro A ball, as opposed to Pro B ball like Denain-Voltaire, so it will be a step up for Cordinier, who was a member of the Hawks’ Summer League squad this month.

Patterson Seeks Better Opportunity With Kings

  • Lamar Patterson is hoping for a better opportunity at playing time with the Kings than he had with the Hawks, according to Dan Lovi of Sacramento claimed Patterson off waivers Friday, inheriting his $874,636 salary for next season. The 6’5″ shooting guard appeared in just 35 games for Atlanta during his rookie season and spent much of the year in the D-League. “When one door closes another one opens and it’s just a process you got to go through,” said Patterson. “I’m going to enjoy it, I’m going to work my butt off.”

Southeast Notes: Winslow, Howard, Bazemore

Pat Riley anointed Justise Winslow as the Heat’s starting small forward for next season, but he hasn’t addressed the larger question of power forward, writes Ira Winderman of the Sun-Sentinel. Riley expressed his confidence in Winslow during a news conference Saturday, saying the rookie will be penciled in as the starting three for 2016/17. But if Chris Bosh isn’t medically cleared to play, that leaves Josh McRoberts, Luke Babbitt and Udonis Haslem as candidates to start alongside Winslow and Hassan Whiteside on the front line. Riley said even though Winslow is only 20, he’s ready to be an NBA starter. “I remember when James Worthy came to the Lakers and Jamaal Wilkes was incumbent,” Riley said, “and then there came that time, there came that time when it was just a matter of time when James Worthy was going to take his position.”

There’s more from the Southeast Division:

  • Dwight Howard hopes his return home to Atlanta will revitalize his career, according to Steve Hummer of The Atlanta Journal-Constitution. The 30-year-old center, who signed a three-year deal worth $70.5MM with the Hawks, has even changed his number to 8 to signify “a new beginning.” Howard insists that his back, which required surgery in 2012, is no longer a problem. “My back hasn’t been an issue,” he said, “and I don’t think I’ll ever have an issue out of my back for the rest of my career.”
  • Kent Bazemore‘s comments at the press conference after he re-signed with the Hawks showed how much he wanted to stay in Atlanta, relays K.L. Chouinard of Bazemore, who landed a four-year, $70MM contract in free agency, said it was important to remain with the team he joined two seasons ago. “This is one of the high points of my life,” he said, “and I couldn’t choose a better place to be. I said I wasn’t going to get emotional, but I just love it here, you know. People have just embraced me and it just feels like home, man.”
  • It’s hard to understand why the Wizards re-signed Marcus Thornton so early in free agency, writes Ben Standig of CSNMidAtlantic. Thornton, who received a one-year deal for the veteran’s minimum, projects as a fifth guard, Standig contends, adding that it’s unusual for teams to fill roster spots with those type of players before Summer League begins.

Hawks Sign Jarrett Jack

JULY 15: Jack is officially a Hawk, the team confirmed today in a press release.Steve Mitchell / USA TODAY Sports

JULY 10: Free agent point guard Jarrett Jack has agreed to a one-year deal with the Hawks, tweets Shams Charania of The Vertical. The contract is for the league minimum.

The 32-year-old Jack had his season cut short when he suffered a torn ACL in January. Before the injury, he appeared in 32 games for the Nets, all starts, and averaged 12.8 points and 7.4 assists. Brooklyn waived Jack at the end of June after unsuccessfully trying to find a trading partner. He was scheduled to make $6.3MM next season, but only $500K of that was guaranteed if he was cut before July.

Jack will probably back up Dennis Schroder in Atlanta. The Hawks needed point guard depth after trading Jeff Teague to the Pacers.

Jack said his rehab from the torn ACL is going “very well,” tweets Chris Vivlamore of the Atlanta Journal-Constitution.

Photo courtesy of USA Today Sports Images.

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