With the NBA trade deadline passed, teams are focusing on locking down playoff spots or vying for a better chance in the draft lottery. Outside of the players who are added on 10-day deals, or those lucky enough to turn those auditions into long-term contracts, teams’ rosters are relatively set for the remainder of the season.
We at Hoops Rumors are in the process of taking a look ahead at each franchise’s salary cap situation heading into the summer, and the free agent frenzy that occurs every offseason. While the exact amount of the 2015/16 salary cap won’t be announced until July, the cap is projected to come in somewhere around $67.4MM, with the luxury tax threshold projected at approximately $81MM. This year’s $63.065MM cap represented an increase of 7.7% over 2013/14, which was well above the league’s projected annual increase of 4.5%.
We’ll continue onward by taking a look at the Suns’ cap outlook for 2015/16…
Here are the players with guaranteed contracts:
- Michael Beasley (Stretch Provision) — $777,778
- Eric Bledsoe — $13.5MM
- Reggie Bullock — $1,252,440
- Archie Goodwin — $1,160,160
- Alex Len — $3,807,120
- Marcus Morris — $5MM
- Markieff Morris — $8MM
- P.J. Tucker — $5.5MM
- T.J. Warren — $2,041,080
Here are the players with non-guaranteed contracts:
- None
Players with options:
- Danny Granger (Player Option) — $2,170,465
The Suns’ Cap Summary for 2015/16:
- Guaranteed Salary: $41,038,578
- Options/Non-Guaranteed Salary: $2,170,465
- Total: $43,509,043
The Basketball Insiders salary pages were used in the creation of this post.
Is there a caphold for Knight?
The Suns can (and likely will) extend Knight a qualifying offer worth $4,790,680 to make him a restricted free agent this summer. No cap hold until that becomes official.
Good grief. Over $13 million for Bledsoe? What a waste of money.