2015/16 Salary Cap: Cleveland Cavaliers
The NBA’s salary cap for 2015/16 has been set at $70MM, which is an 11% increase from this past season, and the luxury tax line will be $84.74MM. The last cap projection from the league had been $67.1MM, and the projection for the tax line had been $81.6MM.
With the October 26th cutoff date to set regular season rosters now past, we at Hoops Rumors are in the process of running down the current salary cap commitments for each NBA franchise for the 2015/16 campaign. Here’s the cap breakdown for the Cleveland Cavaliers, whose regular season roster can be viewed here:
- 2015/16 Salary Cap= $70,000,000
- 2015/16 Luxury Tax Line= $84,740,000
- Fully Guaranteed Salary Commitments= $108,898,076
- Partially Guaranteed Salary Commitments= $0
- Non-Guaranteed Salary Commitments= $947,276
- Total Salary Cap Commitments= $109,845,352
- Remaining Cap Room= -$39,845,352
- Amount Over Luxury Tax Line= $25,105,352
Cap Exceptions Available:
- Taxpayer’s Mid-Level Exception= $1,276,000 remaining
Cash Available to Send Out In Trades= $3,400,000
Cash Available to Receive Via Trade= $3,325,000
Last updated: 10/31/15 @ 11:55am
The Basketball Insiders salary pages were used in the creation of this post.
Central Notes: Cavs, D-League, Bullock
Pistons owner Tom Gores is excited about the culture change that executive/coach Stan Van Gundy has executed in Detroit, writes Keith Langlois of NBA.com. Gores noticed how different the mood around the team was this season during a team event prior to the regular season opening, Langlois notes. “They were interacting in a way that I haven’t seen players interact before,” Gores told Langlois. “They wanted to be here. They were enjoying each other. And if they didn’t have a game in a couple of days, they would’ve stayed late, late, late. There’s something special going on. I give so much credit to Stan Van Gundy on this. I could speak about culture, I could speak about chemistry. But that has to get done every single day and that has to get done on the floor. It’s really kind of walking the talk and I feel like, right now, my vision is able to walk the talk because of the people on the ground.”
Here’s more from the Central Division:
- The Bulls are looking to start up their own D-League affiliate that would play in the Sears Center, which is located in Hoffman Estates, Illinois, team officials have informed Mike McGraw of The Daily Herald (via Twitter). “A Bulls NBADL team will create tremendous opportunities to promote the game of basketball in our surrounding communities,” the Bulls noted in their official statement, K.C. Johnson of The Chicago Tribune relays (Twitter link). Chicago is currently one of 11 NBA teams without its own D-League affiliate.
- The Cavaliers have taken up a two-tiered approach to team-building, not only concentrating on securing an NBA title this season, but also focusing on constructing the roster to maintain success in the seasons ahead, Terry Pluto of The Plain Dealer writes. “We’re very cognizant of that fact that you don’t get these opportunities very often and you need to capitalize while you can,” said GM David Griffin. “But we also want to win in a way that is sustainable [for the next few seasons].“
- When the Pistons exercised their 2016/17 option on Reggie Bullock it created a logjam at shooting guard with four players at the position possessing fully guaranteed pacts for next season, writes David Mayo of MLive.com. “The way that he played and the fact that it’s really a value contract,” Van Gundy said about picking up the option on Bullock. “It’s low-cost and the whole thing. We really like him. It’s always hard to be making decisions for down the road based on the preseason. But we just like everything about him, what we’ve seen in practice, his whole approach, his attitude, so we’ve been really, really happy with him.“
Central Notes: Noah, Tellem, LeBron, Harris
Joakim Noah set the record straight Friday, telling reporters that he didn’t ask Bulls coach Fred Hoiberg to remove him from the starting lineup. Hoiberg indicated in an interview with Grantland’s Zach Lowe that Noah had done so, as Nick Friedell of ESPNChicago.com and K.C. Johnson of the Chicago Tribune relay (Twitter links).
“I never said I want to come off the bench,” Noah said. “I said I will do what’s best for the team.”
The coach didn’t directly say that Noah had requested the move, though that was the interpretation that Lowe took from the remark (Twitter link). In any case, Noah, a 2016 free agent, obviously would prefer to start, but in spite of the benching and Hoiberg’s comment, he isn’t upset with the coach, Johnson notes (All Twitter links). “The truth is I think I’m more effective playing the 5. And Pau [Gasol] is the same. And we have two very good 4s. So this makes sense,” Noah also said. See more from the Central Division:
- Pistons owner Tom Gores continues to enthusiastically support coach/executive Stan Van Gundy, and he also suggested that owners around the league regard the addition of former agent Arn Tellem as a coup, citing comments his fellow owners made to him, notes Keith Langlois of Pistons.com. Tellem became vice chairman of Palace Sports and Entertainment, the parent company of the Pistons, over the offseason. “Most of the owners were wondering, how the heck did we get Arn? He lives in great weather, he’s probably the most renowned NBA agent ever, he knows everybody in basketball – and we convinced him to come to Detroit,” Gores said. “That was the good secret in the room. ‘How the hell did you do that, Tom?”
- The upgrades the Cavs made to their bench during the offseason stand to give LeBron James a better chance to rest, but he still expects to play in 82 games after appearing in only 69 last year, observes Sam Amico of AmicoHoops.net.
- The Cavs appear to be questioning the potential of Joe Harris after an up-and-down preseason, Amico adds in the same piece. Harris has a fully guaranteed deal for this season, but next season’s salary is non-guaranteed.
Central Notes: Love, Meeks, Monroe, Noah
The Cavaliers re-signed Kevin Love to a five-year max deal this summer, and LeBron James indicated Wednesday that getting the former All-Star involved is the team’s top offensive priority, notes Joe Vardon of the Northeast Ohio Media Group. Love is so far the team’s second-leading scorer, at 17.5 points per game, a point behind James.
“We’ll use Kevin however he wants to be used,” James said. “I told you Kevin is going to be our main focus. He’s going to have a hell of a season. He’s going to get back to that All-Star status. He’s the focal point of us offensively. I know I can go out and get mine when I need it. But I need Kev to be as aggressive as he was tonight, and when he rebounds at the level he did tonight, the shots will automatically fall for him.”
See more from the Central Division:
- Jodie Meeks suffered a Jones fracture to his right foot during the Pistons game Wednesday, coach/executive Stan Van Gundy told reporters, according to Vince Ellis of the Detroit Free Press. It’s an injury that some doctors say requires four to six weeks for recovery in some cases, Ellis tweets, though the team hasn’t released a timetable and specifics are scarce, Ellis notes.
- Caron Butler played a half-season for the Bucks in 2013/14 and was briefly on the roster following this year’s Ersan Ilyasova trade, but Milwaukee can thank the native of nearby Racine for his hand in helping the team successfully recruit Greg Monroe, as Gery Woelfel of The Journal Times details. Butler, now with the Kings, and Monroe were teammates on the Pistons last season. “He grew up around here [Milwaukee] and played here and I listened to what he would say about Milwaukee,’’ Monroe said of Butler. “He had some positive things to say about being here. He also definitely played a role in me coming here.’’
- Joakim Noah came to Fred Hoiberg with the suggestion that the Bulls start Pau Gasol and Nikola Mirotic instead of him, the new Bulls coach tells Grantland’s Zach Lowe. Noah was No. 8 in the 2016 Free Agent Power Rankings we compiled before the start of camp, though he figures to drop in the upcoming edition of our rankings now that he’s coming off the bench.
Eastern Notes: Fournier, Cunningham, Hardaway Jr.
Swingman Evan Fournier wants to remain with the Magic for the long-term, but he is not stressing the November 2nd deadline for an extension to be worked out between himself and Orlando, Josh Robbins of the Orlando Sentinel writes. “I don’t even think about it, because in my mind I know we have a game tomorrow, and that’s all that matters,” Fournier said. “A contract, if it happens, that’s great, man. If it doesn’t, it’s going to be next summer. It’s that simple.” If the Magic and Fournier don’t reach an agreement prior to the deadline, then the 22-year-old would be eligible to hit restricted free agency next summer, provided the team tenders him a qualifying offer worth $3,278,998. The two sides are still engaged in discussions, Robbins notes.
Here’s more from the Eastern Conference:
- Jared Cunningham fought hard to secure the Cavaliers‘ final regular season roster spot on a non-guaranteed deal, and now the team is looking for him to add defense and energy to the second unit, Spencer Davies of AmicoHoops.net writes. “He was aggressive from day number one,” said coach David Blatt. “He played the game with a lot of passion on both ends. He did not shy away from responsibility, and obviously, he performed really well. He earned that spot without question, and he should help us this year.”
- Tim Hardaway Jr. is excited to be a member of the Hawks, a franchise that has enjoyed much more recent success than the Knicks, the swingman’s former team, writes Rod Beard of The Detroit News. “It’s a different vibe; everybody is about their business and moves at their pace. It’s not too fast and everybody is serious about their work,” Hardaway said. “I’m coming to a team that made it to the playoffs last year and got deep into the playoffs; they have high expectations of themselves and it’s great to come into an environment like that.” Atlanta announced that it had picked up Hardaway’s fourth-year option earlier this evening.
- The unveiling of the Bucks‘ new arena will be delayed by a year, and it is now scheduled to open in time for the 2018/19 season, the Associated Press reports. The team had hoped to have the arena ready by the start of the 2017/18 campaign, but team spokesman Jake Suski said that the earlier date “simply isn’t realistic,” according to the report.
Central Notes: Hoiberg, Parker, Jefferson, Boatright
Fred Hoiberg chose the Bulls in part because of their ability not just to win now but to have sustained success for the future, Iowa State athletics director Jamie Pollard tells K.C. Johnson of the Chicago Tribune. Indeed, long-term thinking is a key for Hoiberg’s Bulls, as the coach has taken a decidedly less-aggressive approach than Tom Thibodeau, his predecessor, leading Jimmy Butler to remark that Hoiberg “really cares about how our body feels,” as Johnson relays. In all, Hoiberg has brought more calm and collaboration to the Bulls, Johnson writes.
“There are days where he just talks and relates to us. That’s big,” Taj Gibson said. “Sometimes, guys come in a little down. It’s good to have a coach that comes to you and says, ‘It’s all right. Things are going to happen. I’ve been there.'”
Another change for the Bulls this season is an opening night roster with 15 players, breaking a longstanding tradition of starting with less than the maximum number of players allowed. See more from around the Central Division:
- The Bucks privately say that they won’t rule out the notion that Jabari Parker‘s absence will extend until late November, according to Gery Woelfel of The Journal Times. Last year’s No. 2 overall pick is still recovering from the torn left ACL he suffered in December.
- The Cavaliers finished with a 1-6 preseason record, but Richard Jefferson was perhaps the team’s most consistent player throughout, an encouraging sign considering the free agent signee’s key role as the backup to LeBron James, as Chris Haynes of the Northeast Ohio Media Group and the Cleveland Plain Dealer details. The 35-year-old Jefferson asked out of a guaranteed one-year deal for the minimum with the Mavs to sign a contract for the same terms with Cleveland.
- The deal that Ryan Boatright signed with the Pistons last week was non-guaranteed, according to Eric Pincus of Basketball Insiders, so since Detroit waived him by the close of business on Saturday, he doesn’t count against the team’s cap. He’s reportedly expected to join Detroit’s D-League team as an affiliate player.
Cavaliers Notes: Thompson, Love, Cunningham
Tristan Thompson doesn’t regret his long holdout that stretched through the summer and almost to the start of the regular season, according to Chris Haynes of the Northeast Ohio Media Group. The standoff ended Thursday when the fifth-year power forward signed a five-year, $82MM contract, making him the NBA’s highest-paid reserve. Haynes notes that negotiations began in October of 2014, when Thompson and his agents, Rich Paul and Mark Termini, turned down a four-year, $50MM extension offer. “If you asked if I would do it again, I’ll tell you I would do it again in a heartbeat,” Thompson said. “Business is business and I believed in my guys Rich and Mark and myself and that’s what I did.”
There’s more from Cleveland this morning:
- Kevin Love tells Terry Pluto of The Plain-Dealer that he re-signed with the Cavaliers because they gave him the three things he wanted most: happiness, winning and ultimately, a max contract. Love agreed to a five-year, $113MM deal at the earliest possible moment, right after midnight on July 1st. “That’s why playing in Cleveland is a no-brainer,” he said. “Being here, you compete for a championship each year. It’s why I came here in the first place. We’re very talented. That’s a big thing for me and for how I now look at the game.”
- Cleveland is hoping the offseason additions of Richard Jefferson and Mo Williams will cut down the playing time of its stars, writes Michael Beaven of The Akron Beacon-Journal. The veteran depth already appears to be important, as Kyrie Irving and Iman Shumpert are injured to start the season. In addition, Love is returning from surgery, as are Timofey Mozgov and Anderson Varejao. “It was a point in my career where backing up LeBron, playing that 3 spot is ideal,” Jefferson said. “The man plays 40 minutes a night so if I can go out there and give 10 to 12 minutes [a game] over the course of the season it is an opportunity for me to stay healthy and play at a higher level. I believe this is one of the best chances I had at playing for a contender.”
- Keeping Jared Cunningham on their roster will cost the Cavaliers just $947,276 in salary, but possibly $3,759,961 in luxury tax, tweets Marc Stein of ESPN.com. However, the luxury tax figure only applies if Cunningham is on the roster through the end of the season.
Central Notes: Granger, Noah, Thompson
It’s all but inevitable that the Pistons will waive Danny Granger, coach/executive Stan Van Gundy admits, according to Keith Langlois of Pistons.com (Twitter link). They’re exploring trade options in the interim, according to Vince Ellis of the Detroit Free Press, who cautions that it doesn’t mean a deal will happen (Twitter links). Granger has a fully guaranteed salary of $2,170,465, one of 16 full guarantees on the Pistons.
Here’s the latest from the Central Division:
- The Pacers‘ new D-League affiliate, the Fort Wayne Mad Ants, officially hired Harrison Greenberg as Director of Basketball Operations, the team announced.
- LeBron James is pleased that Cavaliers owner Dan Gilbert is willing to venture deep into luxury tax territory in an effort to put together a contending team, Joe Vardon of The Northeast Ohio Media Group writes. “It’s a sign that he’ll do anything to help us go out there and perform,” James said of Gilbert’s spending. “I’m not comparing us to the New York Yankees, because we’re not, we’re so nowhere near compared to the New York Yankees, but they have one of the highest payrolls every year,” James continued. “They don’t win it every year but that’s what they believe in. They believe in going out there and getting the best talent that can play. When you have an ownership group or a collection round that believes what it’s going to take, then money is not an object.“
- While Bulls coach Fred Hoiberg has yet to make it official, center Joakim Noah is likely to begin the season coming off the bench, writes Nick Friedell of ESPNChicago.com. “We’ll start the same way,” Hoiberg said. “If it looks good, [that’s] a pretty good chance that’s the way we’ll go on opening night.” When asked about Noah’s response to the potential move, Hoiberg said, “We’ve talked. We talk about everything that he’s done. He was great, he was excited about playing with Taj Gibson last game. I think those two have a very good chemistry out there together. And [Noah] was the one that talked to me about that, about how well he feels he and Taj play together out there on the floor.”
- Tristan Thompson is glad to be back with the Cavaliers, but does maintain that he was prepared to miss regular season time if a contract agreement had not been reached, Chris Fedor of The Northeast Ohio Media Group relays. “I love playing basketball,” Thompson said. “That’s my love, that’s my passion. But with this business it comes with a business side of it. For me, that’s how I approach it. Business is business and my approach is if a deal gets done before the season that’s great, but if not then so be it. I’m not a rookie no more. I’m a veteran. It’s not something to take lightly. It’s a serious matter.“
Chuck Myron contributed to this post.
Cavs Waive Quinn Cook, Keep Jared Cunningham
4:39pm: The Cavs have announced that Cook has been waived.
12:34pm: The Cavaliers will waive point guard Quinn Cook, Chris Haynes of the Northeast Ohio Media Group reports (via Twitter). Cook’s minimum salary deal was non-guaranteed, so Cleveland won’t be responsible for any money as a result of parting ways with the player.
Cook, 22, went undrafted out of Duke this year after averaging 15.3 points, 3.4 rebounds, and 2.6 assists as a senior, His career NCAA numbers are 11.0 points, 3.6 rebounds, and 1.1 assists to go along with a shooting line of .432/.375/.853.
The subtraction of Cook lowers Cleveland’s roster count to 15 players, and means that Jared Cunningham, who is also in camp on a non-guaranteed arrangement, will make the regular season roster, Haynes notes. That’s somewhat of a surprise, since it previously appeared that the Cavs were likely to carry only 14 players for the start of the regular season. That was before Tristan Thompson re-signed, however. Cleveland is in line to pay an extra $20,895 in taxes plus $5,572 in salary to Cunningham for each day he remains on the roster, though Jason Lloyd of the Akron Beacon Journal suggests he won’t be around past the point in January when his minimum salary would become fully guaranteed for the season (Twitter link).
Chuck Myron contributed to this post.
Cavs Waive Cooley, Christmas, Daye, Stephens
The Cavs have released Jack Cooley, Dionte Christmas, Austin Daye and D.J. Stephens, the team announced. All were with the team on non-guaranteed deals. The moves leave Cleveland with 16 players, 14 of whom have full guarantees. Shooting guard and preseason sensation Jared Cunningham along with former Duke point guard Quinn Cook are the remaining non-guaranteed Cavs, though he Cavaliers have reportedly been planning to carry only 14 players for opening night.
Cooley, 24, was a late addition to the Cavs preseason roster after the Jazz cut him loose earlier this month. Cleveland signed him in part to compensate for the absence of Tristan Thompson, as Jake Fischer of SI Now tweeted, but with Thompson finally having re-signed this week, it’s no surprise to see Cooley go, in spite of his impressive rebounding. The big man averaged 4.5 points and 8.0 rebounds in just 12.1 minutes per game over two preseason appearances with the Cavs.
Christmas also signed after the preseason had already begun. The 29-year-old shooting guard nonetheless saw plenty of playing time, averaging 6.8 points in 19.9 minutes per game over four contests.
Daye agreed to join the Cavs last month in an effort to refresh a flagging NBA career. The 27-year-old former 15th overall pick averaged 5.0 points in 11.9 minutes per game in six preseason appearances.
Zach Links of Hoops Rumors reported in early September that Stephens would sign with the Cavs. The high-flying 24-year-old swingman put up 3.3 points in 7.3 minutes per game during his four preseason contests.