Minnesota Timberwolves 2015-2016 Cap Space
Posted: Mon Apr 6, 2015 5:31 pm
Updated 3/24 - signed Greg Smith.
Current Cap Space: None. $1,106,714.00 over
Maximum Cap Space: None. $1,106,714.00 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: $13,633,286.00
Tax Apron Space: $17,633,286.00
Hard Capped due to using majority of Non-Taxpayer MLE on Nemanja Bjelica
2016-2017 Maximum Cap Space: $29,962,303.00
How I got there:
Guaranteed Contracts (14): Nemanja Bjelica, Gorgui Dieng, Kevin Garnett, Tyus Jones, Zach LaVine, Shabazz Muhammad, Adreian Payne, Nikola Pekovic, Tayshaun Prince, Ricky Rubio, Damjan Rudez, Greg Smith, Karl-Anthony Towns, Andrew Wiggins
Partial/Non-Guaranteed Contracts (0): None
Free Agents (4): Justin Hamilton, Robbie Hummel, Othyus Jeffers, Arinze Onuaku
First Round Draft Pick Holds (0): None
Carried Money (6): $3,650,000.00 (Anthony Bennett), $75,000.00 (Lorenzo Brown), $6,732,250.00 (Kevin Martin), $690,943.00 (Andre Miller), $55,722.00 (Greg Smith 1), $55,722.00 (Greg Smith 2)
Unsigned Second Round Picks (4): Bojan Dubljevic, Lior Eliyahu, Henk Norel, Paulao Prestes
Exceptions: Non-Taxpayer Exception at $1,513,999.00 (partially used on Nemanja Bjelica). Bi-Annual Exception at $2,139,000.00. TPE at $5,000,000.00 (Chase Budinger).
Current Cap Space: None. $1,106,714.00 over
Maximum Cap Space: None. $1,106,714.00 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: $13,633,286.00
Tax Apron Space: $17,633,286.00
Hard Capped due to using majority of Non-Taxpayer MLE on Nemanja Bjelica
2016-2017 Maximum Cap Space: $29,962,303.00
How I got there:
Guaranteed Contracts (14): Nemanja Bjelica, Gorgui Dieng, Kevin Garnett, Tyus Jones, Zach LaVine, Shabazz Muhammad, Adreian Payne, Nikola Pekovic, Tayshaun Prince, Ricky Rubio, Damjan Rudez, Greg Smith, Karl-Anthony Towns, Andrew Wiggins
Partial/Non-Guaranteed Contracts (0): None
Free Agents (4): Justin Hamilton, Robbie Hummel, Othyus Jeffers, Arinze Onuaku
First Round Draft Pick Holds (0): None
Carried Money (6): $3,650,000.00 (Anthony Bennett), $75,000.00 (Lorenzo Brown), $6,732,250.00 (Kevin Martin), $690,943.00 (Andre Miller), $55,722.00 (Greg Smith 1), $55,722.00 (Greg Smith 2)
Unsigned Second Round Picks (4): Bojan Dubljevic, Lior Eliyahu, Henk Norel, Paulao Prestes
Exceptions: Non-Taxpayer Exception at $1,513,999.00 (partially used on Nemanja Bjelica). Bi-Annual Exception at $2,139,000.00. TPE at $5,000,000.00 (Chase Budinger).