The NBA’s salary cap for 2015/16 has been set at $70MM, which is an 11% increase from this past season, and the luxury tax line will be $84.74MM. The last cap projection from the league had been $67.1MM, and the projection for the tax line had been $81.6MM.
With the October 26th cutoff date to set regular season rosters now past, we at Hoops Rumors are in the process of running down the current salary cap commitments for each NBA franchise for the 2015/16 campaign. Here’s the cap breakdown for the Indiana Pacers, whose regular season roster can be viewed here:
- 2015/16 Salary Cap= $70,000,000
- 2015/16 Luxury Tax Line= $84,740,000
- Fully Guaranteed Salary Commitments= $71,540,082
- Partially Guaranteed Salary Commitments= $606,178*
- Non-Guaranteed Salary Commitments= $0
- Total Salary Cap Commitments= $72,146,260
- Remaining Cap Room= -$2,146,260
- Amount Below Luxury Tax Line= $12,593,740
*Note: This amount includes the $600,000 owed to Toney Douglas, and the $6,178 in salary paid to Terran Petteway, both of whom were waived by the team.
Cap Exceptions Available:
- Room Exception= $2,814,000
Cash Available to Send Out In Trades= $3,400,000
Cash Available to Receive Via Trade= $3,400,000
Last updated: 11/5/15 @ 9:20pm
The Basketball Insiders salary pages were used in the creation of this post.
I don’t think the Pacers will let that room exception sit. They’ll use it on somebody, either before the season or during the year. They want to win, and they’re well below the tax line.
Possibly, but looking at recent history, the Simon(s) are sticklers for not spending more than they have to.
Well, true, the Simons aren’t exactly going to throw money around. But their payroll right now is lower than last year’s, so I think if Bird can make a convincing case, he’ll have the spending power.
Wonder if they make a run at Big Baby Davis. He’s looking for a contender and in the east, the Pacers might be the fourth best team.