At this point in the calendar year, it's hard to gauge exactly how much money NBA teams will have to spend in the offseason. Most decisions on team and player options are still to come, draft bonuses aren't on clubs' books yet, and the amnesty period is on the way. Still, we can get a sense of which teams will have the flexibility to spend this summer by taking a look at the guaranteed contracts that have been signed for next season. Listed below are the current guaranteed salary commitments for all 30 NBA clubs. Keep in mind that the 2012/13 salary cap and luxury tax thresholds are expected to be about the same as this year's — $58,044,000 for the cap and $70,307,000 for the tax.
- Lakers: $78,517,189
- Heat: $77,356,681
- Bulls: $64,167,696
- Grizzlies: $62,544,198
- Thunder: $62,252,788
- Hawks: $60,921,972
- Knicks: $59,392,331
- Pistons: $58,398,209
- Warriors: $55,957,097
- Jazz: $51,477,653
- Magic: $50,191,430
- Clippers: $50,009,242
- Wizards: $48,870,253
- Timberwolves: $48,610,707
- Spurs: $47,125,801
- Nuggets: $46,948,104
- Mavericks: $45,852,902
- Bucks: $45,781,925
- Raptors: $43,887,478
- Kings: $42,475,790
- Hornets: $35,261,200
- Rockets: $35,122,752
- Pacers: $32,507,329
- 76ers: $32,444,792
- Bobcats: $32,277,347
- Suns: $30,564,520
- Celtics: $30,541,585
- Trail Blazers: $29,693,381
- Cavaliers: $28,495,747
- Nets: $9,422,235
Storytellers Contracts was used in the creation of this post.
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Why is the cap at 58 million and the tax threshold at 70 million? Is the cap a soft cap?
Yep, it’s a soft cap. There are a few “cap exceptions” teams can make use of to add players when they’re over the cap:
link to hoopsrumors.com…