With almost all options, qualifying offers and waivers for partial/non-guaranteed contracts reported, it is time for one last look at projected cap space around the NBA as the league year turns over to the 2017-18 season. Several trades were made this week, including Chris Paul to Houston and Ricky Rubio to Utah, which changed the projections significantly for the clubs involved.

Because so much money was spent last summer and because the cap estimate came in about $10 million less than originally thought, many teams will be tighter against the cap than we thought they would be a year or so ago. In addition, Russell Westbrook and James Harden renegotiated and extended their contracts. Also, eight players coming off their Rookie Scale contracts agreed to extensions: Steven Adams, Giannis Antetokounmpo, Gorgui Dieng, Rudy Gobert, C.J. McCollum, Victor Oladipo, Dennis Schroder and Cody Zeller. Putting it all together, not only does this change the projection for their teams, but it removes several potential impact free agents from the market this coming summer.

There are still likely to be 10-13 teams with cap space available. A handful more could join them. The tables below represent a look at where things stand as of today. A few notes:

  • Latest cap projection of $99 million is used.
  • Recent trades between Rockets/Clippers and Jazz/Timberwolves are factored in.
  • Starting Cap Space = the amount of space each team will have without renouncing or waiving any players/picks.
  • Maximum Cap Space = the amount of space each team could have if they waived or renounced all players/picks who are not fully guaranteed.
  • Projected Cap Space = the amount of space each team is projected to have after roster decisions are made.
  • Maximum Cap Space and Projected Cap Space for Miami assumes that Chris Bosh will be waived due to Medical Retirement, removing the cap hit from the Heat cap sheet.

 

Team

Starting
 Cap Space

Maximum
 Cap Space

Projected
 Cap Space

Atlanta

 $(31,064,021)

 $ 35,253,492

 $(26,475,181)

Boston

 $(19,588,061)

 $33,187,999

 $17,786,828

Brooklyn

 $18,871,646

 $33,914,157

 $28,204,979

Charlotte

 $(24,890,945)

 $(10,797,863)

 $(16,219,563)

Chicago

 $(21,570,050)

 $39,583,066

 $22,301,768

Cleveland

 $(46,310,509)

 $(29,933,665)

 $(46,310,509)

Dallas

 $(21,108,381)

 $33,709,668

 $16,448,750

Denver

 $(9,821,379)

 $41,350,386

 $(321,379)

Detroit

 $(24,311,335)

 $1,570,001

 $(24,311,335)

Golden State

 $(28,802,756)

 $54,022,815

 $(29,055,679)

Houston

 $(12,543,221)

 $(1,566,495)

 $(11,030,610)

Indiana

 $(5,782,801)

 $31,704,263

 $13,765,754

LA Clippers

 $(34,818,956)

 $21,814,088

 $(28,933,428)

LA Lakers

 $(5,452,342)

 $23,813,693

 $(1,195,427)

Memphis

 $(32,408,381)

 $4,556,818

 $(32,049,610)

Miami

 $(13,350,149)

 $37,251,497

 $34,582,760

Milwaukee

 $(19,852,279)

 $(8,356,662)

 $(19,852,279)

Minnesota

 $ 4,440,253

 $33,635,646

 $24,747,881

New Orleans

 $(12,308,663)

 $12,982,242

 $(12,308,663)

New York

 $(16,745,577)

 $20,173,680

 $14,425,805

OKC

 $(43,138,004)

 $(13,483,871)

 $(43,137,992)

Orlando

 $(23,478,018)

 $17,822,460

 $12,960,767

Philadelphia

 $21,631,298

 $59,777,567

 $46,999,062

Phoenix

 $(5,271,025)

 $29,082,598

 $(3,875,858)

Portland

 $(39,923,317)

 $(33,928,775)

 $(39,923,317)

Sacramento

 $(10,221,134)

 $59,879,992

 $52,884,732

San Antonio

 $(33,151,015)

 $21,445,788

 $19,504,040

Toronto

 $(43,555,106)

 $19,084,757

 $(43,555,106)

Utah

 $(37,814,094)

 $18,220,455

 $(37,814,094)

Washington

 $(26,314,281)

 $3,462,409

 $(17,847,786)

Sorted by Starting Cap Space

Team

Starting
 Cap Space

Philadelphia

 $21,631,298

Brooklyn

 $18,871,646

Minnesota

 $4,440,253

Phoenix

 $(5,271,025)

LA Lakers

 $(5,452,342)

Indiana

 $(5,782,801)

Denver

 $(9,821,379)

Sacramento

 $(10,221,134)

New Orleans

 $(12,308,663)

Houston

 $(12,543,221)

Miami

 $(13,350,149)

New York

 $(16,745,577)

Boston

 $(19,588,061)

Milwaukee

 $(19,852,279)

Dallas

 $(21,108,381)

Chicago

 $(21,570,050)

Orlando

 $(23,478,018)

Detroit

 $(24,311,335)

Charlotte

 $(24,890,945)

Washington

 $(26,314,281)

Golden State

 $(28,802,756)

Atlanta

 $(31,064,021)

Memphis

 $(32,408,381)

San Antonio

 $(33,151,015)

LA Clippers

 $(34,818,956)

Utah

 $(37,814,094)

Portland

 $(39,923,317)

OKC

 $(43,138,004)

Toronto

 $(43,555,106)

Cleveland

 $(46,310,509)

Sorted by Maximum Cap Space

Team

Maximum
 Cap Space

Sacramento

 $59,879,992

Philadelphia

 $59,777,567

Golden State

 $54,022,815

Denver

 $41,350,386

Chicago

 $39,583,066

Miami

 $37,251,497

Atlanta

 $35,253,492

Brooklyn

 $33,914,157

Dallas

 $33,709,668

Minnesota

 $33,635,646

Boston

 $33,187,999

Indiana

 $31,704,263

Phoenix

 $29,082,598

LA Lakers

 $23,813,693

LA Clippers

 $21,814,088

San Antonio

 $21,445,788

New York

 $20,173,680

Toronto

 $19,084,757

Utah

 $18,220,455

Orlando

 $17,822,460

New Orleans

 $12,982,242

Memphis

 $4,556,818

Washington

 $3,462,409

Detroit

 $1,570,001

Houston

 $(1,566,495)

Milwaukee

 $(8,356,662)

Charlotte

 $(10,797,863)

OKC

 $(13,483,871)

Cleveland

 $(29,933,665)

Portland

 $(33,928,775)

Sorted by Projected Cap Space

Team

Projected
 Cap Space

Sacramento

 $52,884,732

Philadelphia

 $46,999,062

Miami

 $34,582,760

Brooklyn

 $28,204,979

Minnesota

 $24,747,881

Chicago

 $22,301,768

San Antonio

 $19,504,040

Boston

 $17,786,828

Dallas

 $16,448,750

New York

 $14,425,805

Indiana

 $13,765,754

Orlando

 $12,960,767

Denver

 $(321,379)

LA Lakers

 $(1,195,427)

Phoenix

 $(3,875,858)

Houston

 $(11,030,610)

New Orleans

 $(12,308,663)

Charlotte

 $(16,219,563)

Washington

 $(17,847,786)

Milwaukee

 $(19,852,279)

Detroit

 $(24,311,335)

Atlanta

 $(26,475,181)

LA Clippers

 $(28,933,428)

Golden State

 $(29,055,679)

Memphis

 $(32,049,610)

Utah

 $(37,814,094)

Portland

 $(39,923,317)

OKC

 $(43,137,992)

Toronto

 $(43,555,106)

Cleveland

 $(46,310,509)