The NBA’s salary cap for 2015/16 is set at $70MM, which is good for an 11% increase from last season, and the luxury tax line is fixed at $84.74MM. With the February 18th cutoff date for trades and the de facto deadline of March 1st for buyouts now past, we at Hoops Rumors are in the process of updating the salary cap commitments for each NBA franchise for the 2015/16 campaign. Here’s the cap breakdown for the Houston Rockets, 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= $87,990,852*
- Remaining Cap Room= –$17,990,852
- Amount Above Luxury Tax Line= $4,107,995**
*Note: This amount includes the $83,583 in salary paid to Chuck Hayes, the $12,179,495 due Ty Lawson and the $947,276 owed to Marcus Thornton, all of whom were waived by the team.
**Note: Josh Smith‘s and Jason Terry‘s salaries for tax purposes are $1,499,187. Lawson’s league suspension cost him $563,840 in salary and removed $281,920 from Houston’s payroll for tax purposes. Dwight Howard‘s league suspension cost him $406,534 in pay and removed $203,267 from Houston’s payroll for tax purposes.
Cap Exceptions Available:
- Mid-Level Exception: $1,274,206
Cash Available to Send Out In Trades= $2,960,000
Cash Available to Receive Via Trade= $2,943,079
Note: Despite the trade deadline having passed, the NBA season technically doesn’t end until June 30th. Teams are able to again make trades upon the completion of the regular season or when/if they are eliminated from the playoffs, whichever comes later. So these cash limits still apply.
The Basketball Insiders salary pages were used in the creation of this post.