Free agency began at midnight Eastern time today, and the rumors and reports will come in like an avalanche on the Internet and social media.
But how much guaranteed money does your team actually have on its books for next season?
You can find out in this trusty little chart right here:
While Brooklyn, not surprisingly, has the most on its books for next season, Miami has only Norris Cole’s guaranteed deal. The expected cap for next season is roughly $63.2 million, so if you see your team under that threshold then your team could have some money to play with if it offloads its non-guaranteed deals.
Then there are also cap holds that subtract from a team’s salary cap space, which you’ll find in this chart:
Most teams have no cap holds if you exclude rookie contracts, but Memphis has over $10 million in holds, which means the Grizzlies may not have the most active offseason unless trades are made.
So keep this handy when you’re wondering how much money your team really has to throw at free agents in the coming days.
For team by team payrolls, check out our salary cap index.
Shlomo Sprung is a national columnist for SheridanHoops who loves advanced statistics and the way they explain what happens on the court. He is also the web editor of the Brooklyn Daily Eagle. A 2011 graduate of Columbia University’s Journalism School, he has previously worked for the New York Knicks, The Sporting News, Business Insider and other publications. You should follow him on Twitter.
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