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 Suns’ team page accessible here.
Here’s a breakdown of where the Suns currently stand financially:
Guaranteed Salary
- Eric Bledsoe —$14,000,000
- Brandon Knight —$12,606,250
- Tyson Chandler —$12,415,000
- Jared Dudley —$10,470,000
- Jared Sullinger —$5,628,000 [Waived by team]
- Alex Len —$4,823,621
- Dragan Bender —$4,276,320
- Leandro Barbosa —$4,000,000
- Mike Scott —$3,333,334 [Waived by team]
- Marquese Chriss —$2,941,440
- Devin Booker —$2,223,600
- T.J. Warren —$2,128,920
- Archie Goodwin —$2,094,089 [Waived by team]
- Tyler Ulis —$918,369
- Alan Williams —$874,636
- Michael Beasley —$777,777 [Waived via Stretch Provision]
- Derrick Jones — $543,471
- John Jenkins —$469,841 [Waived by team]
- Ronnie Price —$276,828 [Actual salary — $438,115]
- Ronnie Price —$57,672 [10-day contract (Jan 27); actual salary — $91,274]
- Ronnie Price —$57,672 [10-day contract (Feb 6); actual salary — $91,274]
- Jarell Eddie —$57,672 [10-day contract (Mar 19)]
- Jarell Eddie —$57,672 [10-day contract (Mar 29)]
- Elijah Millsap —$23,069
Total Guaranteed Salary= $85,055,253
Cash Sent Out Via Trade: $0 [Amount Remaining $3.5MM]
Cash Received Via Trade: $1.5MM ($1MM received from Raptors in P.J. Tucker trade. $500K received from Hawks in Mike Scott trade.) [Amount Remaining $2MM]
Payroll Exceptions Available
- Room Exception — $2,898,000
Total Projected Payroll: $85,055,253
Salary Cap: $94,143,000
Estimated Available Cap Space: $9,087,747
Luxury Tax Threshold: $113,287,000
Amount Below Luxury Tax: $28,231,747
Salary Cap Floor: $84,729,000
Amount Above Salary Cap Floor: $326,253
Last Updated: 4/14/17
The Basketball Insiders salary pages and The Vertical’s salary database were used in the creation of this post.