HOOPSWORLD | Basketball News & NBA Rumors

Quick:  Approximately $7 million under the cap. 34th Pick in the 2013 NBA Draft.  Near-maximum space without trades in July ($60 million cap) = ~$17,681,453 (retaining Chandler Parsons, Greg Smith and Patrick Beverley).

Exceptions:  Room Exception $2.575 million

Acquisitions: Signed Jeremy Lin and Omer Asik to $25.1 million offer sheets (three years) that were not matched by the New York Knicks and Chicago Bulls, respectively.  Traded for Shaun Livingston, Jon Leuer (since waived), Toney Douglas, Gary Forbes, JaJuan Johnson, Jon Brockman, Sean Williams, Josh Harrellson, E’Twaun Moore, the rights to Fukran Aldemire (2012 53rd) and various other picks including a first-rounder from the Toronto Raptors.  Williams, Harrellson and Moore have since been waived.  Signed 2011 first-round pick Donatas Motiejunas who cannot be traded until August 3rd. Signed 2012 draft picks Jeremy Lamb (can’t be dealt until August 26th), Terrence Jones (trade restricted until August 9th) and Royce White (no trade until August 5th).  Signed Carlos Delfino to a two-year, $6 million dollar (second-year non/partial guaranteed).  Signed Scott Machado to a three-year, partial/non-guaranteed contract.  Traded Kevin Martin, Jeremy Lamb and draft picks to the Oklahoma City Thunder for James Harden, Lazar Hayward, Cole Aldrich and Daequan Cook.  The picks sent include a pair of 2013 first-round picks from the Toronto Raptors and Dallas Mavericks, along with a 2013 second from the Charlotte Bobcats.  Acquired and waived Reeves Nelson.  Gave Harden a $78.6 million, five-year extension.  Picked up the third-year option on Marcus Morris and fourth-year option on Patrick Patterson.  Signed James Anderson to a three-year deal.  Signed Patrick Beverley to a three-year deal.  Traded and $1 million in cash for Thomas Robinson, Francisco Garcia, Tyler Honeycutt and a second-round draft pick (TBD) for Patrick Patterson, Cole Aldrich and Toney Douglas.  Traded Marcus Morris to the Phoenix Suns for a second-round pick.  Signed Tim Ohlbrecht to a three-year deal.  Signed Aaron Brooks to a two-year deal.

Waived Players: Derek Fisher, Kyle Fogg, Demetri McCamey, Courtney Fortson, Diamon Simpson, Sean Williams, Josh Harrellson, E’Twaun Moore, Jerome Jordan, Jon Leuer, Luis Scola, Shaun Livingston, Gary Forbes, Jon Brockman, Lazar Hayward, JaJuan Johnson, Reeves Nelson, Scott Machado, Daequan Cook, Tyler Honeycutt

Roster Count: 15 guaranteed

Depth Chart*:
PG: Jeremy Lin, Patrick Beverley, Aaron Brooks
SG: James Harden, Francisco Garcia, James Anderson
SF: Chandler Parsons, Carlos Delfino, Royce White
PF: Greg Smith, Terrence Jones,  Thomas Robinson
C: Omer Asik, Donatas Motiejunas, Tim Ohlbrecht

*Note: Teams often adjust their depth chart throughout the season, sometimes game by game.

Free Agents:
The Rockets renounced the rights to any free agents to get fully under the cap.

Head Coach: Kevin McHale

Unsigned Second-Round Picks: Furkan Aldemir, Jon Diebler, Sergio Llull, Axel Hervelle, Maarty Leunen, Brad Newly, Kyle Hill

Amnesty: Luis Scola (claimed by Phoenix Suns) 2012-13 $5,259,697, 2013-14 $5,716,118, 2014-5 $6,172,538.

Pick Swaps:

2013 – Owe first-rounder (lottery protected through 2016, otherwise converts to second-rounder and cash in 2017) to the Atlanta Hawks (Sasha Vujacic, Joe Johnson).

2013 – Owe second-rounder (top-40 protected through 2015, unprotected in 2016) to Atlanta Hawks (David Andersen).

2013 – Owed second-rounder (protections TBD) from the Phoenix Suns (Marcus Morris).

2014 – Owe second-rounder (top-40 protected through 2015, unprotected in 2016) to Milwaukee Bucks (Samuel Dalembert).  The obligation to the Atlanta Hawks in 2013 (protected) must be satisfied first.

2014 – Owed second-rounder from New York Knicks (Marcus Camby).

2015 – Owed second-rounder from New York Knicks (Marcus Camby).

2015 – Owed second-rounder from Los Angeles Clippers (Hassan Adams, David Andersen).

Cash Paid ($3.1 million max): $1 million (Thomas Robinson)

Cap Holds
Key: B = Bird Rights; E = Early Bird Rights; BR = Bird/Restricted; NB = Non-Bird;
DF = Declined Option on First-Round Scale; WB = Waived Bird; M = Minimum

What is a cap hold? A cap hold is the amount of space a free agent counts towards a team’s cap. These “cap holds” factor in when a team signs free agents. If they didn’t exist, a team could use their cap space to sign other free agents until the space was gone, and then re-sign their own free agents using the Bird exception. A cap hold cannot exceed the maximum contract offer that player can receive on the open market (as defined by years of experience – indicated in the table above by MAX followed by the years of experience). The cap hold disappears if the team renounces their own free agent, that free agent signs with a new team, or re-signs with the same team.

Notes: A free agent does not become restricted until the team issues a qualifying offer.  If a player’s option on a first-round rookie scale contract is declined (DF), the most the team can pay is the amount of the declined option (without using a larger exception or cap room).  Should a player allow for their Bird Rights to be waived during the season in trade (WB), the most the team can pay is 120% of their prior salary (without using a larger exception or cap room).

Qualifying offers do not count towards the total team salary for that season and are informational only.

Unsigned first-round picks (UF) are not guaranteed until signed but their salary counts against the cap during the offseason.  A typical UF gets a bump of 120% upon signing.

Players with at least three years of experience who are signed to a one-year, vet-min contract are only charged $854,389 to the cap and tax.  Actual salary amount, which applies to trades is listed under notes.

“Camp invites” can put a team over the hard cap but the math must be resolved by opening night.

Salary and team data changes quite often. If you notice a discrepancy, please notify HOOPSWORLD Senior Writer Eric Pincus.

(Updated 5/18/2013)