July 24, 2014

NBA News: Cavs to have $19 million in cap space this summer

ShamSports.com a website for basketball data and analysis is projecting the Cavs to have just over $19 million in cap space this summer. That number will more than likely grow if Mo Speights opts out of his deal that would have him earning just over $4.5 million in 2013-14.

Throughout the rebuild process, Chris Grant and his staff have tried to stay as flexible as possible, acquiring assets, and reducing the amount of salary committed to the long term.

The Cav’s salary cap picture looks as follows for the summer of 2013, this is with the inclusion of Speight’s contract and ShamSports.com’s projected cuts of CJ Miles and Chris Quinn..

Anderson Varejao: $9,036,364
Kyrie Irving: $5,607,240
Marreese Speights: $4,515,000
#1 pick: $4,436,900
Tristan Thompson: $4,062,000
Dion Waiters: $3,894,240
Alonzo Gee: $3,250,000
Tyler Zeller: $1,633,440
#19 pick: $1,223,200
Kevin Jones: $788,872
Roster charge: $490,180
Roster charge: $490,180

Total = $39,427,616 = $19,072,384 in cap room.

If Speights decides to opt out, that number will grow to above $23 million in free cap space.

The biggest names among unrestricted free agents include Chris Paul, Dwight Howard, Josh Smith, Andrew Bynum, Al JEfferson, and Manu Ginobili.

Paul, Howard, and Ginobili seem like unrealistic options for Chris Grant and his staff, while Josh Smith, Andrew Bynum, and Al Jefferson  are all wildcards. The Cavs will have to make some moves to upgrade a roster that won just 24 games this past season, while still leaving open the option to pursue LeBron James in the summer of 2014.

[Related: The Cleveland Cavaliers should plan well for 2014 but not just LeBron James]

  • BROSEPH

    I’d want nothing to do with Josh Smith or Andrew Bynum. Jefferson would be a nice piece, however. Tony Allen would be another nice piece.

    Not sure why everyone believes Miles is going to be cut.

  • Red Dawg

    Seems like no one is going to want to trade for the #1 pick. So, take Noel and wait a year for the leg to heal – let him play at the very end to get his feet wet and learn the NBA speed (maybe last 15-20 games if he can). Then, go after LeBron with a core of PG-Irving SG-Waiters PF-Thompson C-Varejao (SF would be all for LeBron) and a bench of Noel, Zeller, Gee, Miles and a few other key FA to go along with LeBron. That is a FAR better cast than anything LeBron had before in Cleveland – and maybe better than he has now in Miami. DWade is old and broken down. Bosh is sooooo over rated. LeBron comes back to Cleveland as the championship piece we need to get us over the top. If he was anyone but LeBron it would not even be a thought that he is what we need. Do it in 2014 and bring a title to Cleveland. The entire city has waited long enough.

  • woofersus

    Aside from the fact that he wasn’t a very efficient scorer and didn’t play very good defense, the team is expected to retain Ellington and upgrade at SF, which would make Miles a 3rd string player at either position and he’s due something like 2.2 million, which we’re hoping they’ll want to spend on one of the upgrades.

    I agree on Bynum, but at the right price I wouldn’t mind Smith. The price won’t be right, though, so it won’t happen. I’d love to get Allen or Jefferson.

  • D2012

    We can forget that if the Cavs don’t make the playoffs next season. There’s no way Lebron even thinks about coming to a non-playoff contending team. Not gonna happen. This team must make the playoffs next year to even be in the conversation with not only Lebron but Melo and any other big 2014 free agent. So the question then becomes “who in this draft helps you get to the playoffs THIS YEAR?” And draft accordingly. Problem is, idk who that is. CG has a tough ass job

  • mgbode

    that is how teams end up drafting shelden williams top5. you cannot draft a “mature” player whose eaten up his ceiling if you don’t think he’s going to be the best player in the draft. #1 overall = draft who you think will be the best player.

    now, what we do with our other picks and what we do with a potential trade and what we do in FA can help us in our playoff chase.

  • bridgecrosser

    I’m not saying we should take him, but note that Iggy will likely be opting out in Denver to do a longer deal as well.

  • The_Real_Shamrock

    ShamSports I’m suing!

  • The_Real_Shamrock

    Big Al is shipping back to Boston baby!

  • The_Real_Shamrock

    I’m not a big Iguodola fan while he would be an upgrade in a basketball sense for me it’s not worth the $$$$!

  • The_Real_Shamrock

    There are some guys out there who could help but it’ll be interesting to see what Chris Grant does. Between the draft and all of the cap space Grant has to feel like a guy staring at a 1,000 piece puzzle trying to figure out where to not only start but which piece would look good next to the other.

  • mgbode

    garnett might murder him the first month of the season

  • bridgecrosser

    Also, I think you need to look at how the MLE works in the new CBA. I think you are off on this. A team can now use their MLE and go 3 yr x $5mm if that takes them above the cap (and in the Cavs sense – not over the preceding year cap).

    So the Cavs could have in theory $24mm in cap space if they also wanted to lock in their MLE.