2017 Offseason Salary Cap Digest: Philadelphia 76ers

After three straight seasons of the Sixers failing to reach the 20-win mark, fans in Philadelphia finally got a thrilling glimpse of the future in 2016/17, as Joel Embiid made his NBA debut and looked like a potential franchise player. Embiid’s rookie season was cut short by more injuries, as was Ben Simmons‘, but assuming the 76ers have better health luck going forward, there’s plenty of reason for optimism — and the team still has plenty of cap flexibility to continue adding talent.

Here’s where things currently stand for the Sixers financially, as we continue our Offseason Salary Cap Digest series for 2017:

Guaranteed Salary

Player Options

  • None

Team Options

Non-Guaranteed Salary

Restricted Free Agents

  • Alex Poythress ($1,512,611 qualifying offer / $1,512,611 cap hold)
  • Total: $1,512,611

Cap Holds

Projected Salary Cap: $101,000,000

Maximum Cap Room: $55,186,167

  • The Sixers have eight players on guaranteed salaries, a cheap team option for Covington that will be exercised, and a cap hold for their No. 3 overall pick. Throw in a couple cap charges for empty roster spots and their team salary is a modest $45,813,833. Even if the Sixers retain a couple of their non-guaranteed players, as expected, they’ll have more than enough space for a maximum salary contract, with plenty of room to spare.

Footnotes:

  1. There are conflicting reports about whether or not Henderson’s contract has a partial guarantee or no guarantee. Either way, Henderson’s salary becomes fully guaranteed after June 30.
  2. Covington’s salary remains non-guaranteed if team option exercised; becomes partially guaranteed ($53,547) after August 9.

Salary information from Basketball Insiders and The Vertical was used in the creation of this post.

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