There has been a lot of discussion about how much cap space the Bobcats
will have going into this summer. The short answer at the beginning is $0. I have come up with the following breakdown and believe it to be accurate given my research from hoopshype, sham sports, and Larry Coon’s CBA FAQ. Anyway, I think it’s very interesting and provides some input on our options and the decisions we will need to make quickly in July.
Current Salary Cap Situation:
-> $16.4 million cap hold
Gana Diop -> $11 million cap hold
-> $8.7 million salary
-> $7.7 million cap hold
-> $5.6 million cap hold
-> $5 million salary
-> $4.8 million salary
-> 4.1 million cap hold
-> $3.4 million cap hold
-> $3 million salary
#4 Pick -> $3.2 million cap hold
-> $2.6 million salary
-> $2 million salary
-> $916K salary (unguaranteed)
-> $788K salary
Total -> $79.4 million
As you can see, we are miles over the $58.5 million cap initially. The good news is that we can get under the cap rather quickly. I’ve listed the complete set of moves we can make to free up the most possible salary cap space. Note that we obviously won’t do all of these moves but it allows us to play with the numbers and pick and choose which moves make the most sense. Here we go:
Move #1: Ben Gordon accepts his player option, reducing his cap hold (Total: $76.2 million)
Move #2: Renounce Diop and Williams (Total: $61.7 million)
Move #3: Amnesty Tyrus Thomas (Total: $53 million) – Now we’re under the cap!
Move #4: Renounce McRoberts (Total: $49 million) – Can still re-sign him, just can’t use any of the Bird Rights to do so
Move #5: Don’t extend QO to Mullens (Total: $43.3 million)
Move #6: Don’t extend QO to Henderson (Total: $35.6 million) – This is getting to the extreme part of the equation
Move #7: Waive Adrien (Total: $34.7 million)
So if we get really extreme, we could be $23.8 million under the cap. Obviously, not all of these things are going to happen. Hypothetically, let’s say we do everything except moves 4 and 6. If we sign McBob for $4 million and Henderson for $7 million, that would put us at $45.7 million with 10 players. That would give us $12.8 million to sign somewhere between 3-5 players to round out the roster before hitting the cap and leave you with the following roster.
PF: Bennett (draft guess)/McRoberts
Given this information, what would you guys do?