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. 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

• Bradley Beal —$22,116,750
• John Wall —$16,957,900
• Ian Mahinmi —$15,944,154
• Marcin Gortat —$12,000,000
• Markieff Morris —$7,400,000
• Otto Porter —$5,893,981
• Jason Smith —$5,000,000
• Bojan Bogdanovic — $3,730,653
• Trey Burke —$3,386,598
• Tomas Satoransky —$2,870,813
• Kelly Oubre —$2,006,640
• Brandon Jennings — $1,200,000
• Chris McCullough — $1,191,480
• Martell Webster —$833,334 [Waived via Stretch Provision]
• Danuel House —$543,471 [Waived by team]
• Daniel Ochefu —$543,471
• Sheldon McClellan —$543,471
• Jarell Eddie —$175,000 [Waived by team]

Total Guaranteed Salary= $102,337,716

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

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

Payroll Exceptions Available

• Trade Exception — $2,515,973 (Andrew Nicholson trade) — Expires on 2/22/18
• Room Exception — $1,698,000 (Used $1,200,000 to sign Brandon Jennings)

Total Projected Payroll: $102,337,716

Salary Cap: $94,143,000

Estimated Available Cap Space: –$8,194,716

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $10,949,284

Last Updated: 3/3/17

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