Salary Cap Snapshot: Phoenix Suns

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 for up-to-date rosters for each franchise, with the Suns’ team page accessible here.

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

Guaranteed Salary

Total Guaranteed Salary= $84,974,512

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

Cash Received Via Trade: $1.5MM ($1MM received from Raptors in P.J. Tucker trade. $500K received from Hawks in Mike Scott trade.) [Amount Remaining $2MM]

Payroll Exceptions Available

  • Room Exception — $2,898,000

Total Projected Payroll: $84,974,512

Salary Cap: $94,143,000

Estimated Available Cap Space: $9,168,488

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $28,312,488

Salary Cap Floor: $84,729,000

Amount Above Salary Cap Floor: $245,512

Last Updated: 3/20/17

The Basketball Insiders salary pages and The Vertical’s salary database were used in the creation of this post.

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