Free agents can negotiate with teams from July 1-11, but can't sign contracts until July 12. Based on an estimated $52,500,000 salary cap, there are five teams (Atlanta, Charlotte, Chicago, New Orleans/Oklahoma City and Toronto) that will have significant room under the cap.
Maximum cap room can occur for each team if they renounce all free agents, decline team options and waive players with limited salary protection.
The Los Angeles Clippers and Utah Jazz could have more than the $5,000,000 mid-level exception, however, those scenarios are unlikely.
Atlanta Hawks
Free Agents: Anthony Grundy (restricted), Al Harrington
Players Under Contract (8): Josh Childress, John Edwards, Joe Johnson, Tyronn Lue, Zaza Pachulia, Josh Smith, Salim Stoudamire, Marvin Williams
Total: $30,500,000
Shelden Williams Cap Hold: $2,460,700
Team Options: Royal Ivey, Donta Smith
Total: $1,489,000
Limited Salary Protection: Esteban Batista
Total: $664,000
Estimated Cap: $52,500,000
Max Cap Space: $18,200,000
Charlotte Bobcats
Free Agents: Lonny Baxter Kevin Burleson, Melvin Ely (restricted), Jumaine Jones, Bernard Robinson (restricted), Jake Voskuhl
Players Under Contract (8): Alan Anderson, Primoz Brezec, Matt Carroll, Raymond Felton, Brevin Knight, Sean May, Emeka Okafor, Gerald Wallace
Total: $23,600,000
Adam Morrison Cap Hold: $3,013,900
Estimated Cap: $52,500,000
Max Cap Space: $24,600,000
Chicago Bulls
Free Agents: Randy Livingston, Jannero Pargo, Eric Piatkowski, Luke Schenscher (restricted), Darius Songaila (restricted)
Players Under Contract (9): Malik Allen, Tyson Chandler, Luol Deng, Chris Duhon, Ben Gordon, Kirk Hinrich, Viktor Khryapa, Andres Nocioni, Mike Sweetney
Total: $30,390,000
Tyrus Thomas and Thabo Sefolosha Cap Holds: $4,116,000
Limited Salary Protection: Eddie Basden, Othella Harrington
Total: $4,531,000
Estimated Cap: $52,500,000
Max Cap Space: $17,570,000
New Orleans Hornets
Free Agents: Rasual Butler, Speedy Claxton, Marcus Fizer, Aaron Williams
Players Under Contract (9): Brandon Bass, P.J. Brown, Marc Jackson (ETO), Arvydas Macijauskas, Desmond Mason, Chris Paul, J.R. Smith, Kirk Snyder, David West
Total: $32,400,000
Hilton Armstrong and Cedric Simmons Cap Holds: $2,735,900
Limited Salary Protection: Linton Johnson, Moochie Norris
Total: $5,321,000
Estimated Cap: $52,500,000
Max Cap Space: $16,900,000
Toronto Raptors
Free Agents: Darrick Martin, Loren Woods
Players Under Contract (8): Chris Bosh, Jose Calderon, Joey Graham, Kris Humphries, Morris Peterson, Pape Sow, Charlie Villanueva, Rasho Nesterovic
Total: $24,870,000
Andrea Bargnani Cap Hold: $3,751,000
Player Options: Mike James
Total: $3,720,000
Limited Salary Protection: Andre Barrett, Alvin Williams (ETO)
Total: $7,464,000
Waived: Alonzo Mourning, Robert Whaley
Total: $4,308,000
Estimated Cap: $52,500,000
Max Cap Space: $12,900,000
