At this point in the NBA league year, most of the discussion about cap room focuses on how much teams will have in July. While 2018/19 cap space will be extremely valuable for teams looking to make a splash in free agency or on the trade market, there aren’t many reasons teams need ’17/18 cap room at this point — free agency is all but over, the trade deadline is behind us, and even the deadline for renegotiating contracts has passed.
Still, 2017/18 cap room isn’t entirely useless, even this late in the season. The current league year runs through June 30, so if a team wants to complete a trade before, during, or right after this year’s draft, having cap room available to accommodate a salary could come in handy.
Additionally, teams with cap room have fewer restrictions when it comes to signing free agents — if a club wants to take a flier on a prospect during the final few weeks of the ’17/18 regular season, it could use cap space to sign that player to a lightly-guaranteed contract that stretches across three or four seasons.
Here are the teams that still have cap space available for the 2017/18 season, along with their estimated total room:
- Dallas Mavericks: $14,240,776
- Chicago Bulls: $11,325,670
- Note: The Bulls are technically operating an over-the-cap team, but could use this cap room if they renounce their exceptions.
- Phoenix Suns: $6,749,365
- Indiana Pacers: $5,423,615
- Orlando Magic: $3,669,889
- Sacramento Kings: $3,465,472
- Brooklyn Nets: $3,128,440
- Note: The Nets are technically operating an over-the-cap team, but could use this cap room if they renounce their exceptions.
Salary information from Basketball Insiders, along with our own data, was used in the creation of this post.