NBA Spending Spree Nearly Complete
By mid-August, teams have done their heavy lifting for the summer. The rush of free agency has died down with those willing to spend having spent. The list of available free agents, recently compiled by HOOPSWORLD’s Alex Kennedy has dwindled to role players.
Just two teams can boast substantial cap room, the Philadelphia 76ers ($14.6-$16.1 million) and the Milwaukee Bucks ($7.4 million).
The rest of the league can offer various exceptions, none more than the Oklahoma City Thunder’s $5.2 million Mid-Level — but the Thunder are the verge of the luxury tax; far more likely to get under by cutting down the roster to 15 than climbing over with a free-agent signing.
Outside of Nikola Pekovic, who is likely at some point to re-sign with the Minnesota Timberwolves, there may not be another free agent signing for more than the veteran’s minimum.
The team to watch is Philadelphia, still about $7.8 million to the league minimum of $52.8 million (even after they sign draft picks Nerlens Noel and Michael Carter-Williams).
Instead of free agency, the Sixers may look to hit that mark via trade.
The following lists each team with their cap position, remaining exceptions and tax position over the $71.7 million threshold: