With LeBron James‘ potential 2018 free agency looming, the Cavaliers once again committed to carrying a league-high payroll in 2017/18. The club also acquired well-compensated veterans on multiyear deals – including George Hill and Jordan Clarkson – at the trade deadline, ensuring that even if this is James’ final year in Cleveland, team salary should remain well over the cap for at least one more season.
Here’s where things currently stand for the Cavaliers financially, as we continue our Offseason Salary Cap Digest series for 2018:
Guaranteed Salary
- Kevin Love ($24,119,025)
- George Hill ($19,000,000)
- Tristan Thompson ($17,469,565)
- J.R. Smith ($14,720,000)
- Jordan Clarkson ($12,500,000)
- Kyle Korver ($7,560,000)
- Cedi Osman ($2,775,000)
- Larry Nance Jr. ($2,272,391)
- Ante Zizic ($1,952,760)
- Total: $102,368,741
Player Options
- LeBron James ($35,607,968)
- Total: $35,607,968
Team Options
- Kendrick Perkins ($2,445,085)
- Total: $2,445,085
Non-Guaranteed Salary
- Okaro White ($1,544,951)1
- Total: $1,544,951
Restricted Free Agents
- Rodney Hood ($3,472,887 qualifying offer / $7,160,592 cap hold): Bird rights
- Total: $7,160,592
Unrestricted Free Agents / Other Cap Holds
- No. 8 overall pick ($4,033,884)
- Jose Calderon ($1,499,698): Non-Bird rights
- Dahntay Jones ($1,499,698): Early Bird rights
- James Jones ($1,499,698): Bird rights
- Jeff Green ($1,499,698): Non-Bird rights
- Shawn Marion ($1,499,698): Non-Bird rights
- Deron Williams ($1,499,698): Non-Bird rights
- Total: $13,032,072
Projected Salary Cap: $101,000,000
Projected Cap Room: None
- Even without taking James into consideration, the Cavaliers have $102MM+ in guaranteed salaries, nudging them over the projected $101MM cap. As such, there’s virtually no chance Cleveland will have cap room this summer. If James returns, the team figures to be way over the tax line once again.
Footnotes:
- White’s salary becomes fully guaranteed after August 5.
Note: Rookie scale cap holds are estimates based on salary cap projections and could increase or decrease depending on where the cap lands.
Salary information from Basketball Insiders was used in the creation of this post. Photo courtesy of USA Today Sports Images.