After the NBA salary cap jumped to unprecedented heights in 2016, it became more challenging for teams to spend enough to surpass the tax line, but the Cavaliers did it with ease. By our count, they’ll have a tax bill of nearly $25MM for the 2016/17 season, and they’re projected to be in tax territory again in ’17/18. That will make it difficult to make major upgrades to the roster, though GM David Griffin has been creative in adding pieces in the past.
Here’s where things currently stand for the Cavaliers financially, as we continue our Offseason Salary Cap Digest series for 2017:
Guaranteed Salary
- LeBron James ($33,285,709)
- Kevin Love ($22,642,350)
- Kyrie Irving ($18,868,626)
- Tristan Thompson ($16,400,000)
- J.R. Smith ($13,760,000)
- Iman Shumpert ($10,337,079)
- Channing Frye ($7,420,912)
- Richard Jefferson ($2,500,000)
- Kay Felder ($456,529) — Partial guarantee. Non-guaranteed portion noted below.1
- Total: $125,671,205
Player Options
- None
Team Options
- None
Non-Guaranteed Salary
- Edy Tavares ($1,471,382)
- Kay Felder ($856,082) — Partial guarantee. Guaranteed portion noted above.1
- Total: $2,327,464
Restricted Free Agents
- None
Cap Holds
- Kyle Korver ($9,954,930)
- Dahntay Jones ($1,471,382)
- James Jones ($1,471,382)
- Deron Williams ($1,471,382)
- Derrick Williams ($1,471,382)
- Total: $15,840,458
Trade Exceptions
- Mike Dunleavy TPE ($4,837,500) — Expires 1/17/18
- Mo Williams TPE ($2,194,500) — Expires 1/7/18
- Sasha Kaun TPE ($1,333,420) — Expires 7/15/17
- Chris Andersen TPE ($980,431) — Expires 2/13/18
Projected Salary Cap: $101,000,000
Maximum Cap Room: –$27,933,665
- The Cavaliers’ eight guaranteed contracts, plus four cap charges for empty roster spots, bring the total team salary to $128,933,665. Considering the luxury tax line is currently projected to be around $121MM, the Cavs have virtually no way to get below the cap this summer unless they gut their roster.
Footnotes:
- Felder’s salary won’t become fully guaranteed until January 10.
Salary information from Basketball Insiders and The Vertical was used in the creation of this post.