San Antonio Spurs 2015-2016 Cap Space

[Smitty731]

Updated 3/15 - waived Rasual Butler. Signed Kevin Martin.

Current Cap Space: None. $16,844,995.00 over
Maximum Cap Space: None. $16,844,995.00 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: None. $2,527,178.00 over
Tax Apron Space: $1,472,822.00
2016-2017 Maximum Cap Space: $18,309,765.00

How I got there:

Guaranteed Contracts (15): LaMarcus Aldridge, Kyle Anderson, Matt Bonner, Boris Diaw, Tim Duncan, Manu Ginobili, Danny Green, Kawhi Leonard, Boban Marjanovic, Kevin Martin, Andre Miller, Patrick Mills, Tony Parker, Jonathon Simmons, David West

Partial/Non-Guaranteed Contracts (0): None

FA Cap Holds (0): None

Carried Money (3): $947,276.00 (Rasual Butler), $507,711.00 (Jimmer Fredette), $947,276.00 (Ray McCallum)

Unsigned First Round Draft Picks (2): Livio Jean-Charles, Nikola Milutinov

Unsigned Second Round Picks (11): Davis Bertans, Nemanja Dangubic, Marcus Denmon, Adam Hanga, Robertas Javtokas, Sergei Karaulov, Cady Lalanne, Erazem Lorbek, Giorgis Printezis, Ryan Richards, Viktor Sanikidze

Exceptions: No Room Exception due to being used on Manu Ginobili. No Bi-Annual Exception due to being under the Cap. No TPEs.

[Chinook]

I think I posted this in some random thread here already. So forgive me. This is what I had for their expected cap space in my thread on Spurs Talk:

2015 free agency:

Here’s where the Spurs stand financially going into next summer:

Guaranteed Salaries:
Tony Parker: $13,437,500
Tiago Splitter: $8,500,000
Boris Diaw: $7,000,000
Patty Mills: $3,578,947
Kyle Anderson: $1,142,879

Total guaranteed: $33,659,326

Qualifying offers:
Aron Baynes: $2,596,250

Relevant cap holds:
Tim Duncan: $15,542,169
Manu Ginobili: $10,500,000
Danny Green: $7,647,500
Kawhi Leonard: $7,235,148
Cory Joseph: $5,058,153
Marco Belinelli: $3,735,875
Jeff Ayres: $2,377,375
Matt Bonner: $947,276
Austin Daye: $947,276 (Since waived)
Livio Jean-Charles: $957,200
2015 draft pick: ???

Projected 2015-2016 salary cap: $66.5 Million
Projected 2015-2016 luxury tax threshold: $80.1 Million

To determine the Spurs' functional cap space, I'll just take the guaranteed salary and add to it Green and Leonard's holds along with the holds for LJC and the first-rounder (which I'm assuming will be the 25th pick and have a hold of $1,025,700). This gives a total of $50,524,874 committed to nine players. That means one needs to add in three roster charges (cap space can't be used until there is a total of 12 salaries or holds against the team's salary). of $525,093 each. That gives the Spurs a total of $52,100,153 against the cap for the purpose of free agency. There are ways around the roster charges, but we can talk about that later.

With that in mind, the Spurs will have $14,399,847 in cap room under this scenario. That's really not enough to do a whole lot with. Lucky for them, the 2015 cap may be significantly higher than the current projections -- up over $70 Million. That would give them enough space to offer a near-max salary, but there aren't many scenarios where the team will be able to eek out max space without letting go of someone they would probably want to keep, especially since the team is likely to want to bring back another player or two like Baynes or Beli. Someone will have to take less, or else the idea of getting a premiere free agent seems like a pipe dream.

The main difference being that you have them keeping Joseph and his cap hold. You also have the pick as being higher (since you have their actual pick and I was projecting a few months ago). Pretty close all the same, though. Nice to see confirmation.

[Mamba4Goat]

Updated 3/5

FAs Renounced/Players Waived (13): Jeff Ayres, Aron Baynes (No QO), Marco Belinelli, Matt Bonner, Tim Duncan, Manu Ginobili, Robert Horry, Tracy McGrady, Glenn Robinson, Damon Stoudamire, Nick Van Exel, Jacque Vaughn, Reggie Williams

Can you explain the random players on this list for me? Like everyone after Manu pretty much.

[Smitty731]

Updated 3/5

FAs Renounced/Players Waived (13): Jeff Ayres, Aron Baynes (No QO), Marco Belinelli, Matt Bonner, Tim Duncan, Manu Ginobili, Robert Horry, Tracy McGrady, Glenn Robinson, Damon Stoudamire, Nick Van Exel, Jacque Vaughn, Reggie Williams

Can you explain the random players on this list for me? Like everyone after Manu pretty much.

Those guys are guys that the Spurs have not yet renounced and are carrying FA rights on. With the exception of Williams. He's actually on the team this year.

At this point, it is basically a clerical thing. They have never renounced these players because they have never had to. The Spurs haven't been in the position to have Cap space basically since Duncan got there. You only need to renounce guys if you are going under the Cap.

The Celtics actually have a much larger and more random list. Some real blasts from the past there!

[Mamba4Goat]

Updated 3/5

FAs Renounced/Players Waived (13): Jeff Ayres, Aron Baynes (No QO), Marco Belinelli, Matt Bonner, Tim Duncan, Manu Ginobili, Robert Horry, Tracy McGrady, Glenn Robinson, Damon Stoudamire, Nick Van Exel, Jacque Vaughn, Reggie Williams

Can you explain the random players on this list for me? Like everyone after Manu pretty much.

Those guys are guys that the Spurs have not yet renounced and are carrying FA rights on. With the exception of Williams. He's actually on the team this year.

At this point, it is basically a clerical thing. They have never renounced these players because they have never had to. The Spurs haven't been in the position to have Cap space basically since Duncan got there. You only need to renounce guys if you are going under the Cap.

The Celtics actually have a much larger and more random list. Some real blasts from the past there!

So do they still have cap holds then?

[Smitty731]

Can you explain the random players on this list for me? Like everyone after Manu pretty much.

Those guys are guys that the Spurs have not yet renounced and are carrying FA rights on. With the exception of Williams. He's actually on the team this year.

At this point, it is basically a clerical thing. They have never renounced these players because they have never had to. The Spurs haven't been in the position to have Cap space basically since Duncan got there. You only need to renounce guys if you are going under the Cap.

The Celtics actually have a much larger and more random list. Some real blasts from the past there!

So do they still have cap holds then?

Correct. A player has a Cap hold until they resign, sign elsewhere, or the team renounces them.

[Mamba4Goat]

Those guys are guys that the Spurs have not yet renounced and are carrying FA rights on. With the exception of Williams. He's actually on the team this year.

At this point, it is basically a clerical thing. They have never renounced these players because they have never had to. The Spurs haven't been in the position to have Cap space basically since Duncan got there. You only need to renounce guys if you are going under the Cap.

The Celtics actually have a much larger and more random list. Some real blasts from the past there!

So do they still have cap holds then?

Correct. A player has a Cap hold until they resign, sign elsewhere, or the team renounces them.

Are they all mins, or is there any significant ones?

Edit: i looked it up, thanks, though!

[Chinook]

The ancient cap holds also allow the Spurs to stay over the cap any time they want. They don't need that much help with Tim and Manu having large holds. But even if Tim and Manu were to do something crazy like sign on with another team, the Spurs would still be able to hang out over the cap and use their exceptions

[Smitty731]

The ancient cap holds also allow the Spurs to stay over the cap any time they want. They don't need that much help with Tim and Manu having large holds. But even if Tim and Manu were to do something crazy like sign on with another team, the Spurs would still be able to hang out over the cap and use their exceptions

You'll find a lot of people who don't believe that having Exceptions are ever more valuable than having Cap space is. It is a long running and interesting debate around here.

[Chinook]

The ancient cap holds also allow the Spurs to stay over the cap any time they want. They don't need that much help with Tim and Manu having large holds. But even if Tim and Manu were to do something crazy like sign on with another team, the Spurs would still be able to hang out over the cap and use their exceptions

You'll find a lot of people who don't believe that having Exceptions are ever more valuable than having Cap space is. It is a long running and interesting debate around here.

Along those sides, did Houston actually go under the cap this season? I don't remember if they did. Pretty sure they could have made all the moves they ended up making while staying over, but I guess they went under anyway?