Washington Wizards 2015-2016 Cap Space

[Smitty731]

Updated 3/15 - waived Gary Neal. Signed Marcus Thornton.

Current Cap Space: None. $14,291,562.00 over
Maximum Cap Space: None. $14,291,562.00 over (if all options/guarantees were not picked up, all FAs renounced, no Draft Picks were to be signed this season, and all Exceptions were renounced)
Luxury Tax Space: $380,494.00
Tax Apron Space: $4,380,494.00
Hard Capped due to using the BAE on Gary Neal.
2016-2017 Maximum Cap Space: $43,103,848.00

How I got there:

Guaranteed Contracts (15): Alan Anderson, Bradley Beal, Jared Dudley, Jarell Eddie, Drew Gooden, Marcin Gortat, J.J. Hickson, Nene Hilario, Markieff Morris, Kelly Oubre, Otto Porter, Ramon Sessions, Garrett Temple, Marcus, Thornton, John Wall

Non-Guaranteed Contracts (0): None

Free Agents (2): Will Bynum, Al Harrington

First Round Draft Pick Holds (0): None

Carried Money (4): $200,426.00 (Ryan Hollins), $2,139,000.00 (Gary Neal), $10,000.00 (Jaleel Roberts), $5,613,500.00 (Martell Webster)

Unsigned Second Round Picks (2): Tomas Satoransky, Aaron White

Exceptions: Non-Taxpayer Exception at $1,464,000.00 (partially used on Alan Anderson). Bi-Annual Exception used on Gary Neal. No TPEs.