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Updated 3/28 - Jared Cunningham 10 Day Contract expired

Current Cap Space: None. $577,510.00 over
Maximum Cap Space: None. $577,510.00 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: $14,162,490.00
Tax Apron Space: $18,162,490.00
2016-2017 Maximum Cap Space: $28,248,938.00

How I got there:

Guaranteed Contracts (15): Giannis Antetokounmpo, Jerryd Bayless, Michael Carter-Williams, Tyler Ennis, John Henson, Damien Inglis, O.J. Mayo, Khris Middleton, Greg Monroe, Johnny O’Bryant, Steve Novak, Jabari Parker, Miles Plumlee, Greivis Vasquez, Rashad Vaughn

Partial/Non-Guaranteed Contracts (0): None

Free Agents (0): None

First Round Draft Pick Holds (0): None

Carried Money (2): $55,722.00 (Jared Cunningham), $1,865,457.00 (Larry Sanders – Stretch Provision)

Unsigned Second Round Picks (3): Andrei Fetisov, Albert Miralles, Eurelijus Zukauskas

Exceptions: Room Exception at $1,664,000.00 (partially used on Chris Copeland). No Bi-Annual Exception due to being under the Cap. TPEs at $5,200,000.00 (Zaza Pachulia) and $4,250,000.00 (Jared Dudley).

Hey smitty, with this trade how much cap space to the bucks have on draft night?

Took me a while but a found the "last years" viewtopic.php?f=2&t=1317500

So if you deduct Ersan's salary and the bucks waive both Butler/Williams before draft night we have almost 16 million we could take on draft night, correct?

I'm gonna work it up tomorrow morning. I think it will be somewhere in the range of 17-18 million.

Just remembered as far as draft night goes. Even if we waive butler and Williams before draft night their cap number for the 14 15 season would still be the same. So it would be around 12 million.

Sorry totally missed the Draft night part of your question. Yes, this doesn't really impact the Cap all that much for this year. About a million or two at most I think.

Updated OP on 6/12 with trade with Detroit.