Money dries up quickly in NBA free agency. Teams come to dozens of agreements within in the first two weeks of July, leaving little remaining cash for stragglers. That’s often why top restricted free agents remain on the table until late in the process, as teams hesitate to tie up cap room on an offer sheet that could end up being matched. Mid-tier veteran unrestricted free agents also feel the squeeze, as patience is often rewarded only with a shrinking pool of options.
Eleven of the NBA’s 30 teams are already limited to offering no more than the minimum salary to free agents from other teams. They’ve used up all of their available cap room and exceptions, aside from the minimum-salary exception. Teams below the tax apron can take sign-and-trades, as the Wizards did with Kris Humphries and DeJuan Blair, and some clubs, like the Cavs, can waive non-guaranteed salary to open up more cap space. Still, these 11 teams can’t sign players for more than the minimum, at least without a corresponding move, and in most cases, such a move would require the cooperation of another team:
Updated 3/25/15
- Nets: Tax team. Used taxpayer’s mid-level exception on Bojan Bogdanovic.
- Bulls: Cap room exhausted. Used room exception on Kirk Hinrich.
- Cavs: Cap room exhausted. Used room exception on Mike Miller. Used disabled player exception on Iman Shumpert.
- Clippers: Over the cap. Used non-taxpayer’s mid-level exception on Spencer Hawes and biannual exception on Jordan Farmar.
- Heat: Cap room exhausted. Used room exception on Udonis Haslem. Disabled player exception expired.
- Kings: Over the cap. Used non-taxpayer’s mid-level exception on Darren Collison and Eric Moreland. Used biannual exception on Ramon Sessions.
- Knicks: Tax team. Used taxpayer’s mid-level exception on Jason Smith.
- Lakers: Cap room exhausted. Used room exception on Ryan Kelly and Xavier Henry. Disabled player exceptions expired.
- Mavericks: Cap room exhausted. Used room exception on Jameer Nelson.
- Nets: Tax team. Used taxpayer’s mid-level exception on Bojan Bogdanovic.
- Pacers: Over the cap. Used non-taxpayer’s mid-level exception on C.J. Miles and Damjan Rudez. Biannual exception unavailable this year (used on C.J. Watson in 2013).
- Rockets: Over the cap. Used non-taxpayer’s mid-level exception on Kostas Papanikolaou and Nick Johnson. Used biannual exception on Josh Smith.
- Warriors: Over the cap. Used non-taxpayer’s mid-level exception on Shaun Livingston. Biannual exception unavailable this year (used on Jermaine O’Neal in 2013).
- Wizards: Over the cap. Used non-taxpayer’s mid-level exception on Paul Pierce. Biannual exception unavailable this year (used on Eric Maynor in 2013).
Basketball Insiders and ShamSports were used in the creation of this post.
Congrats to the Knicks, for being the only team on the list that didn’t sign LeBron James or make the playoffs last year.
LOL!
Hope Fish is smart enuf to realize he CANNOT continue to play Langston 30-37 mins a game thru rest of season or he could blow out a knee like Lin !!!