BIG news from the salary cap front. Union has rejected the league's smoothing proposal. That means in the summer of 2016, the salary cap is going to jump massively:
The NBA announced Wednesday that the players' union formally rejected a so-called "cap-smoothing" proposal the league put forth to manage the influx of revenue that is coming with the $24 billion television deal with TNT and ESPN that begins after next season. NBA teams using internal data are projecting the salary cap to jump to between $88 million and $92 million per team, sources told ESPN. To compare, this season the cap is set at $63 million and next season it is projected to land at about $66 million. To put it into perspective, the largest salary-cap jump in history is $7 million in one season. What happens in 2016 could triple that leap.
That goes to an important factor. Those people who lost their **** about the Frye gamble that Henny took massively overstated how much that would hurt us. That means in the summer of 2016, Frye will have 2 years and 15 million left on his contract, about 7.5 million per year. If we assume worse case scenario, we bring back Harris for 15 million a year (overestimation, don't get mad), exercise team option on Oladipo, Gordon and Payton, sign our 2015 and 2016 rookies, and take Vuc into account, that puts our spending figure at around $50 million for those eight players. That's leaves cap space around 38-40 million.
That probably lets us bring back the remainder of the core if we want to. (Oquinn, Dedmon, Harkless, Fournier), or move some of those guys/not bring them back, with plenty of cap space to add a mega free agent, if we want to, or diversify the roster, if we want to. Vic will also be eligible for an extension that summer that would kick in the following summer, 2017. Around that time, Frye is an expiring contract.