Salary Cap Snapshot: Denver Nuggets

With the free agent signing period winding down and teams looking ahead to the preseason, we at Hoops Rumors will be tracking the Salary Cap figures for each team around the league. These posts will be maintained throughout the season once financial data is reported. They will be located on the sidebar throughout the year, once all the teams’ cap figures have been relayed. You can always check RosterResource.com for up-to-date rosters for each franchise, with the Nuggets’ team page accessible here.

Here’s a breakdown of where the Nuggets currently stand financially:

Guaranteed Salary

• Danilo Gallinari — $15,050,000 (Deal includes 15% Trade Kicker)
• Kenneth Faried — $12,078,652
• Wilson Chandler — $11,233,146
• Darrell Arthur — $8,070,175
• Roy Hibbert — $5,000,000
• Jameer Nelson — $4,540,525
• Will Barton — $3,533,333
• Mike Miller — $3,500,000
• Emmanuel Mudiay — $3,241,800
• Jamal Murray — $3,210,840
• Mason Plumlee —$2,328,530
• Mo Williams — $2,194,500 [Waived by team]
• Juan Hernangomez — $1,987,440
• Gary Harris — $1,655,880
• Malik Beasley — $1,627,320
• Nikola Jokic — $1,358,500
• Nick Johnson — $980,431 [Waived by team]
• Alonzo Gee — $417,848 [Waived by team]
• Robbie Hummel — $150,000 [Waived by team]
• Jarnell Stokes — $150,000 [Waived by team]
• Alonzo Gee — $57,672 [10-day contract (Jan 8); actual salary — $77,379]
• Johnny O’Bryant — $57,672 [10-day contract (Jan 26)]
• Johnny O’Bryant — $57,672 [10-day contract (Feb 6)]
• D.J. Kennedy — $50,000 [Waived by team]
• Nate Wolters — $50,000 [Waived by team]

Total Guaranteed Salary= $82,581,936

Cash Sent Out Via Trade: $0 [Amount Remaining $3.5MM]

Cash Received Via Trade: $3.5MM — Received $650K from Hawks in Mo Williams trade. Received $2.85MM from Trail Blazers in Mason Plumlee trade. [Amount Remaining $0]

Payroll Exceptions Available

• Room Exception: $2,898,000

Total Projected Payroll: $82,581,936

Salary Cap: $94,143,000

Estimated Available Cap Space: $11,561,064

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $30,705,064

Salary Cap Floor: $84,729,000

Amount Below Salary Cap Floor: $2,147,064

Last Updated: 2/24/17

The Basketball Insiders salary pages and The Vertical’s salary database were used in the creation of this post.