Updated 3/15 - signed Jorge Gutierrez for the remainder of the season.
Current Cap Space: None. $8,532,364.00 over
Maximum Cap Space: None. $8,532,364..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: $5,785,453.00
Tax Apron Space: $9,785,453.00
Hard Capped due to using BAE on Jeremy Lin.
2016-2017 Maximum Cap Space: $42,830,474.00
How I got there:
Guaranteed Contracts (15): Nicolas Batum, Troy Daniels, Jorge Gutierrez, Tyler Hansbrough, Aaron Harrison, Spencer Hawes, Al Jefferson, Frank Kaminsky, Michael Kidd-Gilchrist, Jeremy Lamb, Courtney Lee, Jeremy Lin, Kemba Walker, Marvin Williams, Cody Zeller
Partial/Non-Guaranteed Contracts (0): None
Free Agents (2): Jason Maxiell, Jeff Taylor
First Round Draft Pick Holds (0): None
Carried Money (3): $55,722.00 (Jorge Gutierrez 1), $55,722.00 (Jorge Gutierrez 2), $80,000.00 (Elliot Williams)
Unsigned Second Round Picks (0): None
Exceptions: Non-Taxpayer Exception at $5,464,000.00. No Bi-Annual Exception (used on Jeremy Lin). TPEs at $646,250.00 (Matt Barnes and $548,000.00 (Luke Ridnour).
Charlotte Hornets 2015-2016 Cap Space
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Charlotte Hornets 2015-2016 Cap Space
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Re: Charlotte Hornets 2015-2016 Projected Cap Space
- HornetJail
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Re: Charlotte Hornets 2015-2016 Projected Cap Space
Thank god all our veterans expire next year. Al, Lance, Marvin, Roberts are all off the books next year. So we're only capped out this offseason, which isn't a big deal. We'll have like $40M+ in 2016 cap space after an MKG extension next year.
formerly KEMBAtheMETEOR
Re: Charlotte Hornets 2015-2016 Projected Cap Space
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Re: Charlotte Hornets 2015-2016 Projected Cap Space
Updated on 6/16 with the trade with the LA Clippers and Al Jefferson exercised his Player Option.
Check out my NBA Salary and Roster sheets: https://docs.google.com/spreadsheets/d/1T2Eg_zvqNqQD_5TpE4Ns6xhElatXdLpYG1roZtRLyvE/edit?usp=sharing
Re: Charlotte Hornets 2015-2016 Projected Cap Space
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Re: Charlotte Hornets 2015-2016 Projected Cap Space
Updated OP on 6/18 with Gerald Henderson exercising his Player Option.
Check out my NBA Salary and Roster sheets: https://docs.google.com/spreadsheets/d/1T2Eg_zvqNqQD_5TpE4Ns6xhElatXdLpYG1roZtRLyvE/edit?usp=sharing
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