NBA Teams Below Salary Cap For 2016/17
At this point in the season, most teams aren’t going to do much with any leftover cap room. Teams are no longer able to make trades, and most free agents still on the market won’t demand more than the minimum.
Still, there’s reason to consider which teams remain below the cap after this week’s trade activity. With useful veteran players potentially hitting the free agent market as a result of contract buyouts, a team with some extra cap room might have a leg up on teams without any spending flexibility.
For instance, if the Rockets and Warriors were to pursue the same free agent – perhaps Andrew Bogut, if he’s bought out by the Sixers – Houston could offer a deal worth up to about $3.5MM with cap room, while Golden State would be limited to offering a prorated minimum salary worth closer to $400K. That’s a significant difference.
It’s also worth keeping an eye on teams that remain below the minimum salary floor, since those clubs could enter the bidding for a bought-out player or could claim a player off waivers. The Jazz, for instance, probably don’t need a big man like Bogut, but if they wanted him and he became available, Utah has enough cap room to claim his entire $11MM+ contract. That would keep him off the open market and allow the Jazz to surpass the salary floor.
Using our Salary Cap Snapshots, let’s take a closer look at the teams below the cap, starting with teams still below the salary floor:
Teams below the salary floor:
- Utah Jazz: $13.64MM below cap ($4.23MM below floor)
- Minnesota Timberwolves: $12.66MM below cap ($3.24MM below floor)
- Denver Nuggets: $11.56MM below cap ($2.15MM below floor)
- Brooklyn Nets: $10.21MM below cap ($793K below floor)
Less than a month ago, there were six teams below the salary floor. Since then, the Nets and Nuggets have taken major steps toward the floor, while the Suns and Sixers have gotten above it entirely. That leaves the Jazz and Timberwolves as the clubs furthest below the salary floor.
As we’ve noted in the past, there’s no real penalty if a team remains below the floor — the team simply has to make up the difference by paying their current players a little more money. However, the Jazz and Wolves figure to be mulling other opportunities to reach the floor. That could mean placing a waiver claim or – in Utah’s case – renegotiating a contract.
We haven’t heard any rumors lately about the Jazz discussing a new deal with an extension-eligible veteran like George Hill or Derrick Favors, so that seems like a long shot. But the team does have until the end of February to renegotiate and extend either player’s contract, so it’s worth keeping an eye on.
Teams below the cap, but above the floor:
- Phoenix Suns: $9.226MM below cap
- Philadelphia 76ers: $8.62MM below cap
- Indiana Pacers: $4.14MM below cap
- Boston Celtics: $1.11MM below cap
Although the Suns and Sixers have inched above the salary floor, they’re not necessarily out of the woods quite yet. Phoenix needs the contracts of Jared Sullinger and Mike Scott to pass through waivers unclaimed, while the Sixers will require the same for Bogut if they eventually cut him. If any of those deals are claimed, they’ll move to another team’s cap, pushing Phoenix or Philadelphia back below the floor.
Teams that could clear cap room by renouncing exceptions:
- Houston Rockets: $3.54MM below cap if TPEs are renounced (largest TPE: $3.33MM)
- Oklahoma City Thunder: $3.05MM below cap if lone TPE ($4.94MM) is renounced
- Milwaukee Bucks: $1.75MM below cap if TPEs are renounced (largest TPE: $5MM)
- Chicago Bulls: $1.59MM below cap if lone TPE ($5.46MM) is renounced
These teams are technically over the cap, but could go under if they chose to renounce their trade exceptions. In some cases, that might not make much sense. For instance, the Bucks and Bulls would have less than $2MM in cap room if they renounced their exceptions. Both teams have trade exceptions worth at least $5MM, so it probably makes sense to stay over the cap for now and see if those exceptions come in handy around the draft.
On the other hand, the amount of cap room the Rockets would have if they renounced their trade exceptions would be greater than the amount of their largest TPE, so it makes sense for Houston to dip below the cap, expunging those TPEs from their books. That would also allow the Rockets to use cap room to sign a free agent, something they couldn’t do using a trade exception.
The rest of the NBA’s 18 teams don’t currently have cap room. That includes the Lakers, whose moves this week took them over the cap by just $316K.
Mavs Working On Buyout Agreement With Deron Williams
2:57 PM: Dallas has told Williams that the team will pay him the full remaining amount of his $9MM salary if he would like to become a free agent, Marc Stein of ESPN.com reports (Twitter link).
2:37 PM: The Mavericks are working with Deron Williams to come to an agreement on a buyout, according to Shams Charania of The Vertical (Twitter link). The scribe adds that the Cavs, Jazz, and Hawks expressed interest in the point guard via trade. There would presumably be more teams interested in him should he hit the open market.
Williams sat out practice over the last two days with what coach Rick Carlisle is calling a “pending situation,” Tim MacMahon of ESPN.com reports (Twitter links). Williams is making $9MM this season after signing a one-year deal to return the Mavs during the offseason.
Dallas will be thin at the point guard position if it cuts ties with Williams. J.J. Barea remains out with a calf injury and he’s expected to miss at least three more contests. MacMahon (Twitter link) notes that the team could look to add a player via another 10-day deal.
The ESPN scribe adds that the team is preparing to give its top point guard spot to rookie Yogi Ferrell. Ferrell got his chance in Dallas after signing a 10-day contract earlier this season. He thrived in the starting role and helped the team get back into the playoff picture, as the Mavs sit just three games behind the Nuggets in the Western Conference’s eighth seed race.
Pierre Jackson is a player to keep an eye on later in the season, though that’s merely my speculation. Jackson was playing well for Dallas before straining his hamstring, an event that led the team to sign Ferrell. The injury was nearly a month ago and if Jackson is healthy enough to play, he could be a candidate to come to the team. However, it’s worth noting that a deal would have to be for the remainder of the season since Dallas already signed him to two 10-day deals.
Celtics, Cavs, Pacers, Others Stand Pat At Deadline
A number of teams who had been considered good bets to make trades at the deadline opted to stand pat, unable to find any deals to their liking, according to various reports. Here’s a breakdown of some of the teams that decided not to make a move:
- The Celtics didn’t make a trade today, a source tells Adrian Wojnarowski of The Vertical (Twitter link). All of Boston’s assets, including the Nets’ next two first-rounders, remain under team control.
- In essence, Kyle Korver was the big deadline acquisition for the Cavaliers, who stood pat today, per Dave McMenamin of ESPN.com (Twitter link).
- Not only did the Pacers keep Paul George, but the team didn’t make any move to fortify the roster either, according to Nate Taylor of The Indianapolis Star and Scott Agness of Vigilant Sports (Twitter links).
- A source tells Vince Ellis of The Detroit Free Press that the Pistons didn’t make any trades today. In a tweet, Ellis expresses doubts about just how “available” some of Detroit’s players were.
- The Kings fielded offers for Ben McLemore, Darren Collison, and Arron Afflalo, but will wait until the summer to make more trades, tweets Sam Amick of USA Today.
- The Jazz also made no deadline deals, per Andy Larsen of Salt Lake City Hoops and KSL.com (Twitter link).
Trade Rumors: C. Lee, Clippers, Pacers, Jazz, Kings
Earlier today, we heard that the Clippers recently showed interest in Courtney Lee, and according to Ian Begley and Ramona Shelburne of ESPN.com, the Clips and Knicks continue to talk. New York has been seeking draft picks in discussions on Lee and other players, and the Clippers don’t have any immediate first-rounders to offer, as Begley notes. So if the Knicks want to send Lee to Los Angeles, they may have to settle for a player or get a third team involved.
Here are more of the latest trade rumors from around the NBA:
- The Pacers have been talking to teams about possible trades that would allow them to clear roster spots, tweets ESPN’s Brian Windhorst. As Windhorst notes, teams suspect that might be related to their talks with the Celtics regarding Paul George. Of course, Indiana may also just be doing due diligence as well in case Boston ups its offer — the Pacers wouldn’t want to be stuck having to waive useful players to make a deal work.
- The Jazz don’t appear likely at this point to make a deal, says Tim MacMahon of ESPN.com (via Twitter). TNT’s David Aldridge notes (via Twitter) that Utah could still make a move for Deron Williams, but if Williams isn’t dealt, the veteran point guard won’t ask for a buyout from the Mavericks.
- The Kings continue to mull their options, but don’t appear to be moving forward with talks for players like Darren Collison and Arron Afflalo for now, according to Tim Bontemps of The Washington Post (Twitter link), who adds that Sacramento’s asking prices may be too high. If those prices come down, things could change.
- The Wizards continue to work the phones, but aren’t overly optimistic about getting another deal done by the deadline, tweets Bontemps.
- The market for Iman Shumpert appears to be cooling as the deadline approaches, per Sam Amico of AmicoHoops.net (Twitter link). Amico says that teams are asking for a draft pick from the Cavaliers, and Cleveland doesn’t have many picks left.
Deveney’s Latest: Tucker, Favors, Gallinari, Anthony
P.J. Tucker‘s expiring, affordable contract makes him the player most likely to be dealt before today’s trade deadline, according to Sean Deveney of the Sporting News. The Suns are holding out for a first-round pick for the veteran small forward, even if it’s a future first-rounder that they can use down the road as an asset, Deveney continues. The Jazz, Celtics, Clippers, Nuggets, Timberwolves, Hawks and Bulls have all shown interest in Tucker, giving the Suns hope they can get a first-round pick for him, Deveney adds.
Deveney touched on a number of other players who could be wearing a different uniform by the end of the day:
- Luxury-tax concerns have the Jazz exploring the market for power forward Derrick Favors. Rudy Gobert‘s extension kicks in next season and Utah is hopeful of re-signing Gordon Hayward in the likelihood he opts out of the final year of his current contract this summer. That makes Favors expendable but his nagging knee injury has tempered the market for him.
- Danilo Gallinari is drawing more interest on the market than fellow Nuggets forward Wilson Chandler. Denver is seeking a first-rounder for either player but Gallinari’s ability to opt out of his contract after the season makes it more difficult for the Nuggets to get value for him.
- Carmelo Anthony is likely to stay put unless Knicks president Phil Jackson can revive talks with the Clippers. Jackson is also trying to deal free agents he signed last summer — Courtney Lee and Joakim Noah — for draft picks.
- The Hawks, Hornets and Bucks have shown interest in point guard Darren Collison as the Kings continue their latest rebuild in the wake of the DeMarcus Cousins blockbuster.
- The Bulls, Pacers and possibly the Mavericks are still in play as potential suitors for Sixers power forward Jahlil Okafor but Philadelphia is not determined to move him unless it gets the right package.
- The Mavericks are hopeful of getting a first-rounder for either Andrew Bogut or Deron Williams but may be willing to settle for a couple of second-rounders.
Derrick Favors' Agent Not Expecting Trade
- Based on his knowledge of the offers the Jazz have received, agent Wallace Prather doesn’t expect the club to move his client Derrick Favors before Thursday’s deadline, per Tim MacMahon of ESPN.com. However, Prather acknowledged that things could change as the last minute.
NBA D-League Assignments/Recalls: 2/22/17
Here are Wednesday’s D-League assignments and recalls:
- The Grizzlies have assigned Wade Baldwin and Jarell Martin to the team’s D-League affiliate, the Iowa Energy, according to a team’s website.
- The Mavericks have recalled A.J. Hammons from the Texas Legends, according to a team press release.
- The Jazz have assigned Joel Bolomboy to the Salt Lake City Stars, according to the team’s website.
- The Suns have assigned Derrick Jones to their D-League affiliate, the Northern Arizona Suns, per the team’s Twitter feed.
- The Spurs have assigned Bryn Forbes to the Austin Spurs, according to the team’s website.
- Maurice Ndour and Marshall Plumlee have been assigned to the Westchester Knicks, per New York’s Twitter feed.
Western Notes: Mavs, Kings, Wolves, Jazz
We’re less than 17 hours away from the trade deadline. While we wait to see what unfolds, check out some notes and rumors out of the Western Conference:
- Deron Williams and Andrew Bogut are rumored to be on the move and the Mavericks held both of them out of practice today, Earl K. Sneed of Fox Sports relays via Twitter. “With the trade deadline tomorrow, you can read a lot into that,” coach Rick Carlisle said.
- If the Mavericks make a deal involving Williams or Bogut, it’s likely to occur right before Thursday’s deadline, Eddie Sefko of the Dallas Morning News writes. The team is looking for picks in the upcoming draft in exchange for their veterans.
- The Kings are likely to move someone in their backcourt, Ailene Voisin of the Sacramento Bee tweets. Voisin hears that the Pacers have interest in acquiring Arron Afflalo.
- The Jazz have had conversations with other teams regarding a Derrick Favors trade, but a source told Spencer Checketts of 1280 KZNS (Twitter link) that the team doesn’t view any offer as “even close” to being fair.
- Wolves executive/coach Tom Thibodeau said the team is still looking at trade possibilities, but as of right now, he doesn’t see any deal that makes sense for the franchise, Jon Krawczynski of the Associated Press writes. “If there’s something that makes sense that can make you better, then you take a look at it. If not, I’m happy with the team we have. I like the guys we have. I like the approach we have,” Thibodeau said.
- Clippers coach Doc Rivers said Chris Paul has been medically cleared to return to the court and he may play as early as Thursday, Andrew Han of ESPN.com relays.
Cavaliers Notes: Shumpert, Mack, Sanders
Iman Shumpert has been the subject of trade rumors with the Wolves and Rockets among the teams showing interest, but coach Tyronn Lue believes the Cavaliers will keep him on the team, as Joe Vardon of Cleveland.com relays. “You wish you could trade and get all the people you say you can get, but it never happens. … If you hear about 200 trades, there’s probably two that happens,” Lue said.
Here’s more out of Cleveland:
- Back-up point guard isn’t as much of a need for the Cavs as it was earlier in the season, Vardon writes in the same piece. “In the playoffs you can always get away with playing [LeBron James] at the backup point guard,” Lue said. “The backup point guard situation was more so to not play Bron and [Kyrie Irving] so many minutes throughout the regular season, but, I mean we just gotta go with what we got.”
- The Cavs recently engaged in trade talks with the Jazz regarding a swap of Shelvin Mack and Jordan McRae, Chris Haynes of ESPN.com reports (Twitter link). Haynes adds that the discussions have stalled out.
- Lue said he was impressed with Larry Sanders, who worked out for the Cavs today, as Jason Lloyd of the Akron Beacon Journal tweets. Lue added that the biggest question with the big man is whether he loves the game or not.
And-Ones: Trade Rules, BIG3, Georges-Hunt
New NBA rules allow teams to place protections on draft picks that they’re in line to acquire if they want to flip them to another team, according to ESPN’s Zach Lowe. As Lowe explains, if the Celtics wanted to trade the rights to the Nets‘ 2017 first-rounder, they wouldn’t necessarily have to make it unprotected — the club could, for instance, trade the Nets pick to another team with top-two protection, then if Boston keeps the selection, that team could get Brooklyn’s unprotected pick from the C’s in 2018.
As we wait to see if the Celtics or another team takes advantage of that rule, let’s round up a few more odds and ends from around the basketball world…
- The BIG3 has formally announced a new group of 10 players who will be eligible for the upcoming draft. Keith Bogans, Rashad McCants, Voshon Lenard, and Mike James are among the former NBA players set to participate in the three-on-three league.
- Marcus Georges-Hunt‘s recent 10-day contract with the Heat has expired, but the rookie is drawing interest from multiple NBA teams, a league source tells Chris Reichert of The Step Back (Twitter link).
- After previously playing a game in 2015 in Johannesburg, South Africa, the NBA will be returning to the city this summer, writes Ohm Youngmisuk of ESPN.com. Team Africa will take on Team World at Johannesburg’s Ticketpro Dome on August 5, the league confirmed.
- Bobby Marks of The Vertical continues to publish his team-by-team trade guides this week, focusing more recently on playoff teams. Marks takes a closer look at the Celtics and Rockets, as well as the Raptors and Jazz.