Cap space and Bad Contracts

[BigMike]

So I was over at http://hoopshype.com/salaries/charlotte.htm checking out our current contract situation, and I wondered where we stood as of TODAY with the rest of the league so I made a list and am posting it here so i can compare it to the list in 1 month.

-- Does anyone know what the projected cap for this year will be?



Denver 28.883
Sacramento 29.903

Indiana 36.957
Memphis 37.363

NewJersey 39.814
Washington 40.682

NewOrleans 42.006
LAClippers 44.919

Toronto 46.879
Huston 47.306

Charlotte 47.481
Detroit 48.263

Minnesota 48.355
GoldenState 49.105

Phoenix 49.182
Milwaukee 51.849

OKC 53.605
Phili 54.858

Clevland 55.457
Utah 55.614

NewYork 60.612
Chicago 61.674

Dallas 63.184
Miami 65.313

Atlanta 65.846
Portland 66.343

Boston 72.473
SanAntonio 73.181

Orlando 74.816
LALakers 91.311


The Lakers are going to be DUMPING money into the small markets with the huge luxury tax they are going to have..... How is Miami only 19 mill ahead of us... Denver has 10 players on the contract list... New Orleans only has 6!

[KembaSlice]

It's going to change the first few years I believe. This year the cap is like $58 mil and luxury tax is close to $70 mil.

[SWedd523]

Well we've been saying for a couple of years now that our salary situation doesn't begin to clean up until after next year. We have a fair amount of expirings this year that will really help clean the books up by after next year we'll really have some space opened up. We've done a good job so far so we just have to be patient while we work ourselves out of the baggage.

Miami's cap situation isn't that bad because outside of the big three, they have nothing but a ton of minimum guys.

[Toocool]

Starting to work our way out of the funk with Diaw coming off the books, Wallace/Jackson gone also. We've cleared up quite a bit of space. I think we're looking decent finally.