Pacers Rumors

During the 2016 NBA offseason, when the salary camp jumped from $70MM to $94MM, 27 teams had cap room available, with only three clubs operating over the cap all year. A more modest cap increase this year to $99MM meant that fewer teams had cap space to use. So far, 14 teams – less than half the league – have used cap room to sign players.

Of those 14 teams, several have since used up all their cap room, including the Celtics, Knicks, Jazz, Lakers, and Timberwolves. However, there are still several teams around the NBA that have room available, or could create it without waiving and stretching any players on guaranteed salaries.

With the help of data from HeatHoops and Basketball Insiders, here’s a quick breakdown of teams that still have cap room available, along with their estimated space:

• Atlanta Hawks: $4.6MM. The Hawks could gain slightly more space by waiving Luke Babbitt, whose salary is only partially guaranteed, but Atlanta just signed Babbitt, so that’s not a likely move.
• Brooklyn Nets: $6.6MM. The Nets could gain slightly more space by waiving Spencer Dinwiddie, whose minimum salary contract is mostly non-guaranteed. However, I expect Brooklyn to keep Dinwiddie on its roster.
• Denver Nuggets: $2.8MM. With Mason Plumlee‘s cap hold still on their books, the Nuggets’ cap room is fairly negligible. Denver could get up to about $8.6MM by renouncing Plumlee, but there’s no indication that’s in the plans.
• Indiana Pacers: $7.6MM.
• Philadelphia 76ers: $15.1MM. The Sixers could create even more space by waiving a player on a non-guaranteed contract, but the team isn’t about to part with Robert Covington, Richaun Holmes, or T.J. McConnell.
• Phoenix Suns: $6.3MM. Alex Len‘s cap hold is taking up $12MM right now, and Phoenix is carrying a pair of non-guaranteed contracts (Elijah Millsap and Derrick Jones), so in theory the Suns could get all the way up to $21.2MM in space by renouncing Len and cutting those non-guaranteed players.
• Sacramento Kings: $4.3MM.

The following two teams are essentially capped-out, but could create a very small amount of room if necessary:

• Miami Heat: The Heat could create close to $1MM in space by waiving Rodney McGruder and Okaro White, whose salaries aren’t fully guaranteed. That almost certainly won’t happen.
• Orlando Magic: The Magic are currently under the cap by about $550K, and could create up to about $1.34MM in space by waiving Khem Birch, whose salary is mostly non-guaranteed. Again, that’s not likely.

The following two teams are technically operating over the cap at the moment, with various trade and mid-level exceptions pushing them over the threshold, but they could create room if they choose to go under the cap:

• Chicago Bulls: The Bulls could immediately create about $13.5MM in room by renouncing the rest of their MLE and the $15MM trade exception generated in the Jimmy Butler deal. If the team chose to waive David Nwaba, who is on a non-guaranteed deal, and renounced its free agent cap holds, including Nikola Mirotic‘s, that figure would increase to about $25.8MM.
• Dallas Mavericks: Even without renouncing Nerlens Noel‘s cap hold, the Mavericks could get to $11.6MM in cap room by waiving their non-guaranteed players and dipping below the cap. Removing Noel’s cap hold on top of that could get the Mavs up over $22MM in room, but there’s been no indication that Dallas plans to go that route.