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 Magic’s team page accessible here.
Here’s a breakdown of where the Magic currently stand financially:
Guaranteed Salary
- Evan Fournier —$17,000,000
- Bismack Biyombo —$17,000,000
- Jeff Green —$15,000,000
- Nikola Vucevic —$11,750,000
- Terrence Ross —$10,000,000
- D.J. Augustin —$7,250,000
- Jodie Meeks —$6,540,000
- C.J. Watson —$5,000,000
- Aaron Gordon —$4,351,320
- Mario Hezonja —$3,909,840
- Elfrid Payton —$2,613,600
- C.J. Wilcox —$1,209,600 [Waived by team]
- Damjan Rudez —$980,431
- Stephen Zimmerman —$950,000
- Arinze Onuaku —$440,078 [Waived by team]
- Anthony Brown —$51,449 [10-day contract (Jan 22)]
- Patricio Garino —$31,969
- Marcus Georges-Hunt —$31,969
Total Guaranteed Salary= $104,110,256
Cash Sent Out Via Trade: $0 [Amount Remaining $3.2MM]
Cash Received Via Trade: $75,000 from Trail Blazers as part of Shabazz Napier trade; $230,000 from Clippers as part of C.J. Wilcox trade [Amount Remaining $3,195,000]
Payroll Exceptions Available
- Room Exception — $2,898,000
- Trade Exception — $2,250,000 (Serge Ibaka trade) — Expires on 2/14/18
Total Projected Payroll: $104,110,256
Salary Cap: $94,143,000
Estimated Available Cap Space: –$9,967,256
Luxury Tax Threshold: $113,287,000
Amount Below Luxury Tax: $9,176,744
Last Updated: 4/7/17
The Basketball Insiders salary pages and The Vertical’s salary database were used in the creation of this post.