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Cavs Expected to Retain Cap Space?
Posted By HOOPSWORLD On July 2, 2012 @ 6:49 am In All,Headlines,NBA Headlines | No Comments
The Cavaliers have about $20 million available in salary-cap space to spend in free agency.
Don’t expect them to spend much of it.
They’ll take a frugal approach to free agency this summer, even though they have several holes to fill.
The free-agent class is comparatively weak. There are few good, young stars on the market.
Secondly, the Cavs want to maintain their flexibility at the trade deadline in February and next summer. This time next year, a punitive or “super” luxury tax kicks in. The tax will be assessed at different levels based on the amount that a team is over the threshold. This year, it’s a dollar-for-dollar tax. Starting next year, teams could pay $1.50 on the dollar, and up to $3.50.
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