Memphis Grizzlies 2015-2016 Cap Space

[Smitty731]

Updated 4/22 - signed Bryce Cotton, Jordan Farmar and Xavier Munford. Second 10 Day Contract for Ray McCallum expired. Waived Ryan Hollins.

Current Cap Space: None. $13,431,454.00 over
Maximum Cap Space: None. $13,431,454.00 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: $1,081,792.00
Tax Apron Space: $5,081,792.00
Hard Capped due to using Non-Taxpayer MLE on Brandan Wright
2016-2017 Maximum Cap Space: $41,032,020.00

How I got there:

Guaranteed Contracts (16): Jordan Adams, Tony Allen, Chris Andersen, Matt Barnes, Vince Carter, Mike Conley Jr, Bryce Cotton, Jordan Farmar, Marc Gasol, JaMychal Green, P.J. Hairston, Jarell Martin, Xavier Munford, Zach Randolph, Lance Stephenson, Brandan Wright

Partial/Non-Guaranteed Contracts (0): None

Free Agents (2): Nick Calathes (RFA), Keyon Dooling

First Round Draft Pick Holds (0): None

Carried Money (20): $4,300,000.00 (Mario Chalmers), $6,000.00 (Patrick Christopher), $49,709.00 (Bryce Cotton), $845,059.00 (James Ennis), $55,722.00 (Jordan Farmar), $163,297.00 (Jamaal Franklin), $16,034.00 (Ryan Hollins 1), $96,204.00 (Ryan Hollins 2), $55,722.00 (Ryan Hollins 3), $55,722.00 (Ryan Hollins 4), $239,605.00 (Ryan Hollins 5), $437,080.00 (Fab Melo), $55,722.00 (Ray McCallum 1), $55,722.00 (Ray McCallum 2), $30,888.00 (Xavier Munford 1), $30,888.00 (Xavier Munford 2), $845,059.00 (Russ Smith), $30,888.00 (Alex Stepheson), $30,888.00 (Briante Weber), $55,722.00 (Elliot Williams)

Unsigned Second Round Picks (1): Andrew Harrison

Exceptions: Non-Taxpayer Exception used on Brandan Wright. No Bi-Annual Exception due to using Non-Taxpayer Exception. TPEs at $450,000.00 (Jeff Green) and $122,441.00 (Jon Leuer).