Following the conclusion of the NBA draft, teams throughout the league are now directing their attention towards the upcoming free agency period and potential trade opportunities.
A key question is how many teams currently possess salary cap space, and which teams have the flexibility to generate it. This analysis will explore which franchises are nearing or exceeding the first or second salary cap aprons, and the stringent roster construction limitations these boundaries impose. We will also consider which teams might emulate the Boston Celtics` strategy of executing cost-saving trades to reduce luxury tax burdens.
This comprehensive guide categorizes all 30 teams into distinct tiers, providing an overview of their projected salary cap situations, important impending free agents, optimal player fits, and potential strategic moves for the summer offseason.
Key: ETO = Early Termination Option | P = Player Option | R = Restricted | T = Team Option
Tier 1: Cap Space Team
Currently, only the Brooklyn Nets are expected to have significant salary cap space (over $20 million) this offseason, although this list could potentially expand. In contrast, last offseason saw several teams like the Charlotte Hornets, Detroit Pistons, Oklahoma City Thunder, Orlando Magic, Philadelphia 76ers, San Antonio Spurs, and Utah Jazz utilize cap room to enhance their rosters or take on salary in trades. The primary factor limiting teams` spending power this year is the proliferation of rookie and veteran contract extensions agreed upon since the previous July.
Teams are mandated to meet a minimum spending threshold of 90% of the $154.6 million salary cap by the start of the regular season. For instance, a team like Brooklyn, with a current salary total of $96 million, must increase its spending to $139.2 million by October 21st. Failure to reach this minimum by opening night would result in the difference being distributed among their existing players. Additionally, Brooklyn would forfeit its share of the end-of-season cash distribution provided to teams below the luxury tax, estimated at $11.7 million. The shortfall below the salary floor is also added to the Nets` team salary calculation, meaning their maximum effective cap space during the regular season would be limited to $15.5 million.
Teams exceeding the salary cap will still have access to the $8.8 million room midlevel exception, which can be used to sign a player or acquire one via trade after their cap space is fully utilized.
The free agents listed below are players anticipated to sign contracts exceeding $14 million annually. A `player` designation signifies that the player holds an option to enter the final year of their current contract.
Brooklyn Nets
Projected Cap Space: $35 million
The Nets are transitioning from a strategy centered around acquiring numerous first-round draft picks to potentially leveraging nearly $45 million in free agency funds. Beyond focusing on retaining restricted free agents Cam Thomas and Day`Ron Sharpe, Brooklyn presents an attractive destination for teams looking to offload salary, often requiring the inclusion of draft picks in such deals.
Given the requirement for teams to spend at least 90% of the salary cap by the regular season opener, Brooklyn is expected to be active in the free-agent market, even if they aren`t pursuing high-profile stars like their past acquisitions Kyrie Irving and James Harden. With a current salary commitment of $96 million, the Nets need to spend an additional $44 million.
Team Needs: A primary ball-handler and enhanced overall depth.
Potential Fits: Josh Giddey, Julius Randle, Tyus Jones, Jonathan Kuminga, Cam Thomas, D`Angelo Russell, Malik Beasley, Malcolm Brogdon, Caris LeVert, Precious Achiuwa, Davion Mitchell, Quentin Grimes, and Oscar Tshiebwe.
Proposed Moves: Utilizing the available cap space, I would offer restricted free agent center Santi Aldama a two-year contract worth $40 million. Subsequently, I would re-sign Cam Thomas to a three-year, $54 million contract. Despite the recent additions of rookies Egor Demin and Nolan Traore, prioritizing the re-signing of Thomas seems essential.
Under Contract: Nicolas Claxton, Cameron Johnson, Terance Mann, Noah Clowney, Dariq Whitehead, Keon Johnson (T), Jalen Wilson (T), Tyrese Martin (T), Drew Timme (T), Egor Demin, Nolan Traore, Drake Powell, Ben Saraf and Danny Wolf.
Key Free Agents: Cam Thomas (R), Day`Ron Sharpe (R).
Other Free Agents: Jalen Johnson, Jalen Wilson, Tyrese Martin, Drew Timme, D`Angelo Russell, De`Anthony Melton, Trendon Watford, Ziaire Williams.
Tier 2: Cap Space, But With Caveats
The Pistons and Grizzlies could potentially join Brooklyn in the first tier of cap space teams, but doing so would necessitate significant roster adjustments, such as renouncing their own free agents or executing trades. Memphis is highly likely to create cap space specifically to renegotiate and extend Jaren Jackson Jr.`s contract.
Detroit Pistons
Projected Cap Space: To Be Determined (TBD)
The ability for Detroit to generate up to $17 million in cap space carries substantial implications for their roster composition. Should the Pistons opt to utilize this room, they would need to renounce their free agents Malik Beasley, Tim Hardaway Jr., and Dennis Schroder. Beasley could potentially be signed using the available cap space, and Detroit would retain the $8.8 million room exception for another free agent signing. Alternatively, the Pistons could choose to re-sign their own free agents and utilize the $14.1 million non-tax midlevel exception, perhaps on Beasley or another target.
Last offseason, the Pistons focused on improving their perimeter shooting and defensive capabilities. They finished 10th in defensive efficiency, ninth in opponent field goal percentage, fifth in opponent paint points, and ninth in blocks. This represented a significant improvement from the season prior, where they ranked in the 20s in these defensive metrics, including 25th in efficiency.
Team Needs: Perimeter shooting, a backup facilitator, and frontcourt depth.
Potential Fits: Malik Beasley, Tim Hardaway Jr., Dennis Schroder, Ty Jerome, Chris Paul, Sam Merrill, Luke Kennard, Gary Trent Jr., Taurean Prince, Nickeil Alexander-Walker, Trey Lyles, Jake LaRavia, Garrison Mathews, Jeff Dowtin Jr.
Proposed Move: I would sign Malik Beasley to a three-year contract worth $45 million. Beasley played a key role in improving the Pistons from being the worst 3-point shooting team in 2023-24 to ranking 17th last season. Detroit has the flexibility to sign Beasley using cap space and still have the $8.8 million room midlevel exception available.
Under Contract: Cade Cunningham, Tobias Harris, Isaiah Stewart, Jaden Ivey, Ausar Thompson, Ronald Holland II, Simone Fontecchio, Jalen Duren, Marcus Sasser and Bobi Klintman.
Key Free Agents: Tim Hardaway Jr., Dennis Schroder, and Malik Beasley.
Other Free Agents: Lindy Waters III and Paul Reed.
Memphis Grizzlies
Projected Cap Space: $5 million (Note: Memphis` use of over 100% of the traded player exception in acquiring Kentavious Caldwell-Pope and Cole Anthony means they will be hard-capped at the first apron.)
Expect the Grizzlies` limited cap space to be primarily directed towards renegotiating and subsequently extending Jaren Jackson Jr.`s contract. Memphis is permitted to increase Jackson`s $23.4 million salary for the upcoming season to $30.3 million and then extend him for an additional four years, potentially worth $190 million. Reserves Cole Anthony and John Konchar are potential trade candidates if Memphis seeks to create additional cap space as part of Jackson`s renegotiation. Jackson`s new contract will not impact Santi Aldama`s restricted free agency status or the team`s ability to utilize the $8.8 million room exception.
Team Needs: A healthy Ja Morant, a combo forward/center with shooting ability, and consistent rotational players.
Potential Fits: Brook Lopez, Clint Capela, Larry Nance Jr., Al Horford, Luke Kornet, Kevon Looney, Mason Plumlee, Santi Aldama, Branden Carlson, Micah Potter, Oscar Tshiebwe, Chris Boucher, Trey Lyles.
Proposed Move: I would trade Cole Anthony and two future second-round picks to the Nets. The resulting $12.5 million in salary savings this season would significantly facilitate Memphis` ability to renegotiate and extend Jackson`s contract.
Under Contract: Ja Morant, Jaren Jackson Jr., Kentavious Caldwell-Pope, Cole Anthony, Brandon Clarke, John Konchar, Zach Edey, Vince Williams Jr., Scotty Pippen Jr., Jay Huff, GG Jackson, Jaylen Wells and Cedric Coward.
Key Free Agent: Santi Aldama (R).
Other Free Agents: Luke Kennard, Marvin Bagley III and Lamar Stevens.
Tier 3: Teams With the $14.1M Non-Tax Midlevel Exception
This is the largest category of teams, comprising those that have access to the full (or nearly full) $14.1 million non-tax midlevel exception and the $5.1 million biannual exception. A rule implemented last offseason also allows teams to utilize their exceptions to acquire players via trade. However, a team will be hard-capped at the first apron if they use more than $5.7 million of either their non-tax or biannual exception, or acquire a player through a sign-and-trade. The first apron is also triggered by using more than 100% of a traded player exception.
Atlanta Hawks
Below the Tax: $31 million
Below the First Apron: $39 million (Note: Atlanta`s use of over 100% of the traded player exception to acquire Kristaps Porzingis hard-caps them at the first apron.)
The Hawks have been proactive this offseason, acquiring Kristaps Porzingis via trade, drafting Asa Newell in the first round, and securing a valuable 2026 first-round pick from either Milwaukee or New Orleans. These moves provide some financial flexibility below the luxury tax and first apron, allowing for additions to the backcourt depth. Atlanta possesses the $14.1 million non-tax midlevel exception along with four trade exceptions, including significant ones worth $25.2 million and $13.1 million.
Beyond free agency, the future of Trae Young and the rookie extension for Dyson Daniels warrant attention. Young is eligible for an extension potentially worth up to four years and $229 million and could become a free agent next summer if an agreement isn`t reached.
Team Needs: Backcourt assistance, frontcourt depth, and a rim protector.
Potential Fits: Al Horford, Clint Capela, Kevon Looney, Precious Achiuwa, Nickeil Alexander-Walker, Ben Simmons, Chris Paul, Malcolm Brogdon, Ty Jerome, Sam Merrill, Dennis Schroder, Bruce Brown, Day`Ron Sharpe, Isaiah Jackson and Branden Carlson.
Proposed Moves: In two separate transactions, I would utilize a portion of the non-tax midlevel exception to sign Ty Jerome to a three-year contract valued at $35 million. Additionally, the Hawks should use part of their $13.1 million trade exception to acquire Nickeil Alexander-Walker in a sign-and-trade deal from Minnesota. As part of this trade, Atlanta would send two future second-round picks.
Under Contract: Trae Young, Jalen Johnson, Kristaps Porzingis, Onyeka Okongwu, Zaccharie Risacher, Georges Niang, Dyson Daniels, Kobe Bufkin, Vit Krejci, Mouhamed Gueye, Dominick Barlow (T) and Asa Newell.
Key Free Agent: Caris LeVert.
Other Free Agents: Clint Capela, Larry Nance Jr., and Garrison Mathews.
Charlotte Hornets
Below the Tax: $22 million
Below the First Apron: $30.1 million (Note: Charlotte`s use of over 100% of the expanded traded player exception to acquire Vasilije Micic from Phoenix hard-caps them at the first apron.)
The Hornets are currently close to the salary cap but possess draft assets and financial flexibility that could allow them to target an All-Star player if one becomes available. However, General Manager Jeff Peterson has emphasized the team`s commitment to a patient rebuilding process. Peterson reiterated his stance, stating, “I will double down on how we`re not going to expedite anything,” to reporters after the season concluded.
The Hornets do have the $14.1 million non-tax midlevel exception and the $5.1 million biannual exception available for use in free agency or potential trades.
Team Needs: Perimeter shooting and a facilitator.
Potential Fits: Ty Jerome, Malik Beasley, Tyus Jones, Chris Paul, Malcolm Brogdon, Sam Merrill, Dennis Schroder, Luke Kennard, Gary Trent Jr., Jake LaRavia, Tre Mann, Cam Thomas, Nickeil Alexander-Walker, Reece Beekman.
Proposed Move: I would sign Chris Paul to a one-year contract worth $14 million.
Under Contract: LaMelo Ball, Miles Bridges, Jusuf Nurkic, Grant Williams, Josh Green, Brandon Miller, Tidjane Salaun, Vasilije Micic, Nick Smith Jr., Josh Okogie, DaQuan Jeffries, Moussa Diabate, Kon Knueppel and Liam McNeeley.
Key Free Agent: Tre Mann (R).
Other Free Agents: Seth Curry and Taj Gibson.
Chicago Bulls
Below the Tax: $46 million
Below the First Apron: $52 million (Note: Chicago`s use of the Expanded Traded Exception in the Isaac Okoro trade hard-caps them at the first apron.)
The Bulls are positioned to re-sign Josh Giddey and leverage their $14.1 million non-tax midlevel exception to enhance the roster (they recently acquired Isaac Okoro while trading Lonzo Ball). They also have the capacity to absorb salary in trades, including a significant $17.2 million trade exception generated from the Zach LaVine deal.
Key storylines for the offseason involve Josh Giddey`s next contract and the more than $60 million in expiring veteran contracts, including those of Nikola Vucevic and Coby White.
Team Needs: Frontcourt depth and defensively-oriented players.
Potential Fits: Josh Giddey, Dorian Finney-Smith, Clint Capela, Larry Nance Jr., Kevon Looney, Braxton Key, Amir Coffey, Nickeil Alexander-Walker, Gary Payton II.
Proposed Moves: I would sign free agent guards Josh Giddey and Tre Jones. The proposed Giddey contract is five years for $120 million, while Tre Jones would sign a two-year deal worth $18 million.
Under Contract: Nikola Vucevic, Patrick Williams, Zach Collins, Kevin Huerter, Coby White, Isaac Okoro, Jalen Smith, Ayo Dosunmu, Jevon Carter (P), Matas Buzelis, Dalen Terry, Julian Phillips and Noa Essengue.
Key Free Agent: Josh Giddey (R).
Other Free Agents: Tre Jones and Talen Horton-Tucker.
Houston Rockets
Below the Tax: $1 million
Below the First Apron: $9 million
Below the Second Apron: $21 million (Note: After aggregating the contracts of Dillon Brooks and Jalen Green, Houston is now hard-capped at the second apron.)
The Rockets initiated their free agency period early with Steven Adams signing a three-year, $39 million extension. This was followed by the acquisition of All-Star Kevin Durant from Phoenix. Durant is eligible to sign a new contract potentially worth two years and $122 million starting July 6th. The Rockets also brought back Fred VanVleet, Aaron Holiday, Jeff Green, and Jae`Sean Tate.
Finding a replacement for Dillon Brooks and considering rookie extensions for Jabari Smith Jr. and Tari Eason are also on the Rockets` agenda for this offseason. Both Smith and Eason are eligible for extensions until October 20th.
Team Needs: Perimeter shooting.
Potential Fits: Sam Merrill, Luke Kennard, Jake LaRavia, Branden Carlson, Oscar Tshiebwe, Gary Trent Jr., Alec Burks, Bruce Brown, Tim Hardaway Jr.
Proposed Moves: I would prioritize extensions for Kevin Durant, Jabari Smith Jr., and Tari Eason.
Under Contract: Alperen Sengun, Fred VanVleet, Kevin Durant, Jabari Smith Jr., Reed Sheppard, Amen Thompson, Tari Eason, Cam Whitmore, Steven Adams, Jock Landale, Aaron Holiday, Jeff Green, Jae`Sean Tate and Nate Williams.
Key Free Agents: None.
New Orleans Pelicans
Below the Tax: $6.1 million
Below the First Apron: $7.3 million
Below the Second Apron: $19 million (Note: New Orleans aggregated the contracts of CJ McCollum and Kelly Olynyk, hard-capping them at the second apron.)
The Pelicans have been assertive this summer, acquiring Jordan Poole and Saddiq Bey in a trade with Washington and then selecting Jeremiah Fears and Derik Queen in the first round. However, moving up 10 spots to draft Queen came at the cost of a valuable 2026 first-round pick.
A significant ongoing question revolves around Zion Williamson`s future and whether New Orleans can successfully build a competitive roster around him. Williamson has participated in only 46% of regular-season games since being drafted first overall in 2019 and has yet to appear in the playoffs. His $39.4 million salary is scheduled to become fully guaranteed on July 15th, with $7.9 million currently protected.
Team Needs: A facilitator, improved rebounding, and perimeter defenders.
Potential Fits: Chris Paul, Gary Payton II, Braxton Key, Larry Nance Jr., Al Horford, Kevon Looney, Dru Smith, Reece Beekman, Malcolm Brogdon, Trey Lyles, Ty Jerome, Tre Jones, Dennis Schroder, Brook Lopez, Jake LaRavia, Luke Kennard, Taurean Prince, Luke Kornet.
Proposed Move: I would guarantee the $39.5 million contract for Zion Williamson.
Under Contract: Zion Williamson, Dejounte Murray, Jordan Poole, Trey Murphy III, Herbert Jones, Saddiq Bey, Jordan Hawkins, Jose Alvarado, Yves Missi, Karlo Matkovic, Antonio Reeves, Elfrid Payton (T), Brandon Boston (T), Jeremiah Fears and Derik Queen.
Key Free Agent: Bruce Brown.
Other Free Agents: Brandon Boston and Elfrid Payton.
Oklahoma City Thunder
Below the Tax: $4.5 million
Below the First Apron: $12.1 million
The primary focus for the reigning NBA champions this offseason is securing contract extensions for Shai Gilgeous-Alexander, Jalen Williams, and Chet Holmgren. These three players could sign new deals collectively approaching $800 million. The Thunder also need to manage their roster size, as they currently have 16 players under contract, exceeding the maximum allowed to start the season.
Team Needs: Backup big men and depth at the lead guard position.
Potential Fits: Clint Capela, Larry Nance Jr., Al Horford, Kevon Looney, Precious Achiuwa, Mason Plumlee, Trey Lyles, Oscar Tshiebwe, Day`Ron Sharpe, Isaiah Jackson, De`Anthony Melton, Tyus Jones, Malcolm Brogdon.
Proposed Moves: In addition to extending Gilgeous-Alexander, Holmgren, and Williams, I would trade Ousmane Dieng to the Hawks for two future second-round picks. This move would open up a valuable roster spot.
Under Contract: Shai Gilgeous-Alexander, Isaiah Hartenstein, Alex Caruso, Luguentz Dort, Chet Holmgren, Isaiah Joe, Aaron Wiggins, Kenrich Williams, Ousmane Dieng, Jalen Williams, Cason Wallace, Nikola Topic, Dillon Jones, Ajay Mitchell (T), Jaylin Williams (T) and Thomas Sorber.
Key Free Agents: Ajay Mitchell and Jaylin Williams.
Portland Trail Blazers
Below the Tax: $7.9 million
Below the First Apron: $14.3 million (Note: The Trail Blazers` intention to use over 100% of the expanded traded player exception hard-caps them at the first apron.)
Given the expiring contracts of Anfernee Simons, Matisse Thybulle, Robert Williams III, and Deandre Ayton, Portland was considered a wildcard team entering the offseason. Simons was eventually traded for Celtics guard Jrue Holiday, positioning Portland to potentially contend for at least a play-in spot.
Two internal contract situations to monitor are potential extensions for Shaedon Sharpe and Toumani Camara. Camara was named to the All-Defensive Second Team last season.
Team Needs: 3-and-D forwards and wings.
Potential Fits: De`Anthony Melton, Javonte Green, Gary Payton II, Amir Coffey, Gary Trent Jr., Bruce Brown, Lamar Stevens, Delon Wright, Riley Minix, Jabari Walker, Ziaire Williams, Taurean Prince, Trey Lyles.
Proposed Move: I would sign Toumani Camara to a four-year contract extension worth $87 million.
Under Contract: Deandre Ayton, Jrue Holiday, Jerami Grant, Deni Avdija, Robert Williams III, Matisse Thybulle (P), Scoot Henderson, Donovan Clingan, Shaedon Sharpe, Kris Murray, Duop Reath, Toumani Camara, Rayan Rupert (T) and Yang Hansen.
Key Free Agent: Jabari Walker (R).
Other Free Agents: Rayan Rupert and Dalano Banton.
Sacramento Kings
Below the Tax: $18 million
Below the First Apron: $23 million
Sacramento is one of the few teams with a need for a starting point guard. They do not possess the necessary cap space to sign one in free agency but have contracts they could potentially trade, including those of DeMar DeRozan and Malik Monk.
The Kings have two max-contract players, Zach LaVine and Domantas Sabonis, under contract, but they maintain flexibility to absorb salary in trades or utilize their $14.1 million exception in free agency. They also hold five trade exceptions: $1.9 million, $4.7 million, $5.9 million, $6.3 million, and $16.9 million.
Team Needs: A facilitator, shooting, and defensive-minded players.
Potential Fits: De`Anthony Melton, Tyus Jones, Chris Paul, Tre Jones, Sam Merrill, Dennis Schroder, Gary Payton II, Braxton Key, Amir Coffey, Ben Simmons, Bruce Brown, Nickeil Alexander-Walker, Taurean Prince, Jake LaRavia, Jae`Sean Tate, Lamar Stevens, Delon Wright, Keaton Wallace, Reece Beekman.
Proposed Move: I would use a portion of the non-tax midlevel exception to sign Gary Payton II to a two-year contract worth $15 million.
Under Contract: Zach LaVine, Domantas Sabonis, DeMar DeRozan, Malik Monk, Keegan Murray, Jonas Valanciunas, Devin Carter, Terence Davis (T), Keon Ellis (T), Isaac Jones (T) and Nique Clifford.
Key Free Agent: Keon Ellis.
Other Free Agents: Isaac Jones, Terence Davis, Trey Lyles, Doug McDermott, Jake LaRavia, Jae Crowder and Markelle Fultz.
San Antonio Spurs
Below the Tax: $27 million
Below the First Apron: $32 million
The Spurs meet the criteria necessary to acquire an All-Star caliber player: draft equity, controllable and substantial contracts, and a roster capable of reaching the playoffs. Excluding Victor Wembanyama and De`Aaron Fox, San Antonio has seven players earning between $4.7 million and $27 million.
Financially, the third year of Victor Wembanyama`s first-round rookie contract positions San Antonio favorably to absorb salary without facing financial restrictions. In addition to roster upgrades, a primary focus this offseason is securing an extension for De`Aaron Fox. The guard is eligible starting August 3rd to sign a contract potentially worth up to four years and $229 million.
Team Needs: Backcourt depth, shooting, and a reserve big man.
Potential Fits: De`Anthony Melton, Dennis Schroder, Gary Payton II, Tyus Jones, Malik Beasley, Ty Jerome, Tyus Jones, Malcolm Brogdon, Caris LeVert, Chris Paul, Larry Nance Jr., Al Horford, Amir Coffey, Luke Kennard, Gary Trent Jr., Jake LaRavia, Clint Capela, D`Angelo Russell, Quentin Grimes, Santi Aldama, Isaiah Jackson, Kevon Looney.
Proposed Move: I would trade Keldon Johnson, Blake Wesley, a 2029 first-round pick (top-four protected), the right to swap first-round picks in 2032 (top-two protected), and two future second-round picks to Brooklyn for Cameron Johnson.
Under Contract: De`Aaron Fox, Devin Vassell, Keldon Johnson, Harrison Barnes, Victor Wembanyama, Stephon Castle, Jeremy Sochan, Malaki Branham, Blake Wesley, Julian Champagnie, Dylan Harper and Carter Bryant.
Key Free Agent: Chris Paul.
Other Free Agents: Charles Bassey, Jordan McLaughlin, Bismack Biyombo and Sandro Mamukelashvili.
Utah Jazz
Below the Tax: $22 million
Below the First Apron: $30 million
The Jazz recently appointed Austin Ainge, formerly of the Celtics, to lead their basketball operations. Ainge affirmed in his introductory press conference that the Jazz would not deliberately underperform with the aim of securing a top draft pick next year.
Achieving this goal depends significantly on the development of their existing draft picks or leveraging their larger expiring contracts (such as John Collins, Jordan Clarkson, and Collin Sexton) and draft assets to acquire players who can contribute immediately to winning.
The Jazz also face the task of balancing their roster. Utah added Ace Bailey and Walter Clayton Jr. to a roster that already featured 15 players from the previous season. However, four of those players—KJ Martin, Svi Mykhailiuk, Jaden Springer, and Johnny Juzang—do not have guaranteed salaries.
Team Needs: Defensively oriented talent across the board, and veteran players who can demonstrate good habits.
Potential Fits: Jonathan Kuminga, De`Anthony Melton, Chris Paul, Malcolm Brogdon, Larry Nance Jr., Luke Kornet, Russell Westbrook, Dennis Schroder, Gary Payton II, Paul Reed, Kevon Looney, Braxton Key, Mason Plumlee, Jae`Sean Tate, James Johnson, Delon Wright, Kyle Lowry, Keaton Wallace, Reece Beekman, Kessler Edwards, Isaiah Jackson, Branden Carlson.
Proposed Move: I would sign Walker Kessler to a five-year contract extension worth $115 million.
Under Contract: Lauri Markkanen, John Collins (P), Collin Sexton, Jordan Clarkson, Taylor Hendricks, Cody Williams, Walker Kessler, Keyonte George, Kyle Filipowski, Brice Sensabaugh, Isaiah Collier, KJ Martin, Johnny Juzang, Jaden Springer, Svi Mykhailiuk, Ace Bailey and Walter Clayton Jr.
Key Free Agents: None.
Washington Wizards
Below the Tax: $13 million
Below the First Apron: $18 million (Note: The Wizards` intention to use over 100% of the expanded traded player exception to acquire CJ McCollum and Kelly Olynyk hard-caps them at the first apron.)
Will the Wizards continue their recent pattern of acquiring contracts that extend beyond the current season, particularly if draft picks are included? Washington currently has nearly $100 million in expiring contracts, including those of Khris Middleton, CJ McCollum, Kelly Olynyk, Marcus Smart, and Richaun Holmes.
Team Needs: Internal player development, fundamentally sound guards, and a defensive-minded big man.
Potential Fits: Ty Jerome, Tyus Jones, Chris Paul, Clint Capela, Larry Nance Jr., Al Horford, Kevon Looney, Paul Reed, Dennis Schroder, Tre Jones, Gary Payton II, Braxton Key, Mason Plumlee, Davion Mitchell, Oscar Tshiebwe, Day`Ron Sharpe, Reece Beekman, Keaton Wallace, Isaiah Jackson, Branden Carlson.
Proposed Move: I would sign veteran center Kevon Looney to a two-year contract worth $10 million.
Under Contract: Khris Middleton, CJ McCollum, Marcus Smart, Corey Kispert, Alex Sarr, Bilal Coulibaly, Kelly Olynyk, Bub Carrington, AJ Johnson, Kyshawn George, Richaun Holmes, Anthony Gill, Justin Champagnie, Colby Jones, Tre Johnson and Will Riley.
Key Free Agent: Malcolm Brogdon.
Tier 4: Teams Focused on Retaining Their Own Free Agents
For the teams in this tier, salary cap flexibility is largely contingent upon the outcomes of their own free agents. For example, the Warriors could potentially gain access to the $14.1 million tax midlevel exception, but only if restricted free agent Jonathan Kuminga is not re-signed. Similarly, the Pacers would enter luxury tax territory if starting center Myles Turner agrees to a new contract.
Note: The $195.5 million first apron is triggered if a team utilizes more than $5.7 million of its midlevel exception, the $5.1 million biannual exception, or acquires a player through a sign-and-trade agreement. Exceeding 100% of a traded player exception also triggers the first apron. Teams can re-sign their own free agents using the Bird, early Bird, or non-Bird exceptions without triggering the hard cap. The league includes unlikely bonuses when calculating salary for the first and second aprons.
Golden State Warriors
Below the Tax: $17 million
Below the First Apron: $25 million
Below the Second Apron: $39 million
The Warriors` salary structure is top-heavy, with Stephen Curry, Jimmy Butler III, and Draymond Green accounting for 82% of their payroll for the upcoming season. These financial constraints highlight the critical role Jonathan Kuminga plays in Golden State`s offseason plans.
The Warriors are expected to extend a $7.9 million one-year qualifying offer to Kuminga, designating him a restricted free agent. The situation could then involve a waiting period. Given that Brooklyn is currently the only team capable of offering a starting salary of $20 million or more (which Golden State would have the right to match), exploring a sign-and-trade agreement might be the most viable option for both parties. The decision regarding Kuminga directly impacts the flexibility Golden State has in pursuing a starting center.
Proposed Move: I would trade Moses Moody to the Knicks for Mitchell Robinson.
Team Needs: A rim protector, frontcourt depth, enhanced athleticism, and shooting.
Potential Fits: Jonathan Kuminga, Malik Beasley, Ty Jerome, Malcolm Brogdon, Tyus Jones, Brook Lopez, Kevon Looney, Luke Kornet, Luke Travers, Sam Merrill, Gary Payton II, Gary Trent Jr., Luke Kennard, Taurean Prince, Nickeil Alexander-Walker, Bruce Brown, Trendon Watford, Alec Burks, Keaton Wallace, Quentin Grimes, Davion Mitchell, Jalen Bridges.
Under Contract: Stephen Curry, Jimmy Butler III, Draymond Green, Buddy Hield, Moses Moody, Brandin Podziemski, Trayce Jackson-Davis, Gui Santos (T) and Quinten Post (T).
Key Free Agent: Jonathan Kuminga.
Other Free Agents: Gary Payton II, Kevon Looney, Braxton Key, Kevin Knox II and Pat Spencer.
Indiana Pacers
Below the Tax: $20 million
Below the First Apron: $27 million
Below the Second Apron: $39 million
The Eastern Conference champions have a positive outlook with 11 players already under contract for the next season. However, the team faces a challenge with All-Star Tyrese Haliburton sidelined indefinitely due to a torn Achilles tendon.
A major focus this offseason is securing a new contract for Myles Turner—but the cost of this deal is a key consideration. The Pacers have not incurred the luxury tax since 2006, and a new agreement for Turner could impact the futures of breakout playoff performers Bennedict Mathurin and Aaron Nesmith. Both players are eligible for extensions this offseason, and Mathurin will be a restricted free agent next summer if an extension is not agreed upon.
Team Needs: Frontcourt and wing depth.
Potential Fits: Myles Turner, Kevon Looney, Ben Simmons, Mason Plumlee, Sandro Mamukelashvili, Jeremiah Robinson-Earl, Branden Carlson, Isaiah Jackson, Micah Potter, Jabari Walker, PJ Hall, Al Horford, Larry Nance Jr.
Proposed Move: I would sign Myles Turner to a three-year contract worth $75 million.
Under Contract: Tyrese Haliburton, Pascal Siakam, Andrew Nembhard, Obi Toppin, Aaron Nesmith, T.J. McConnell, Bennedict Mathurin, Jarace Walker, Ben Sheppard, Johnny Furphy, Tony Bradley (T).
Key Free Agent: Myles Turner.
Other Free Agents: Tony Bradley, Thomas Bryant, James Johnson and Isaiah Jackson (R).
LA Clippers
Below the Tax: $12 million
Below the First Apron: $20 million
Below the Second Apron: $32 million
The terms of James Harden`s next contract will significantly influence the Clippers` financial flexibility, not only this summer but also in future seasons. If Harden opts into his $36.3 million contract for the upcoming season or signs a new deal with a similar first-year salary, the Clippers would have access to their non-tax midlevel exception and the ability to be aggressive in trade discussions. (Note: The Clippers do not have the $5.1 million biannual exception available because they signed Nicolas Batum last July.)
Team Needs: Reserve lead guard and a backup big man.
Potential Fits: Tyus Jones, Chris Paul, Malcolm Brogdon, Larry Nance Jr., Al Horford, Dennis Schroder, Kevon Looney, Gary Payton II, Clint Capela, Dru Smith, Collin Gillespie.
Proposed Moves: I would split the $14.1 million non-tax midlevel exception to sign both Chris Paul and Clint Capela.
Under Contract: Kawhi Leonard, James Harden (P), Norman Powell, Ivica Zubac, Bogdan Bogdanovic, Derrick Jones Jr., Kris Dunn, Nicolas Batum (P), Kobe Brown, Cam Christie, Drew Eubanks, Jordan Miller and Yanic Konan Niederhauser.
Key Free Agents: James Harden and Nicolas Batum.
Other Free Agents: Amir Coffey, Patty Mills and Ben Simmons.
Los Angeles Lakers
Above the Tax: $4 million
Below the First Apron: $4 million
Below the Second Apron: $16 million (Note: The Lakers are now hard-capped at the second apron after sending cash to Chicago during the draft.)
Beyond the significant Luka Doncic deal, the Lakers were active at the trade deadline in an effort to bolster their center position. Expect a similar proactive approach this offseason.
Although the Lakers lack the cap space to sign a free agent big man like Myles Turner outright, Los Angeles possesses valuable assets for trades. These include a 2031 or 2032 first-round pick, five years of future pick swaps, former first-round pick Dalton Knecht, and over $70 million in expiring contracts (Austin Reaves, Dorian Finney-Smith, Rui Hachimura, Maxi Kleber, and Gabe Vincent).
The Lakers must continue to navigate two distinct timelines: prioritizing immediate success with LeBron James on the roster while simultaneously building a sustainable future team centered around Luka Doncic.
Doncic is eligible to sign an extension starting August 2nd, potentially worth up to four years and $229 million. The Lakers could have access to most of their $14.1 million non-tax midlevel exception, but only if Dorian Finney-Smith declines his option and does not re-sign. If Finney-Smith departs, the Lakers would be $20 million below the first apron.
Team Needs: A rim protector, frontcourt depth, and wing depth.
Potential Fits: Clint Capela, Al Horford, Larry Nance Jr., Kevon Looney, Brook Lopez, Mason Plumlee, Day`Ron Sharpe, Isaiah Jackson, Branden Carlson, Micah Potter, Dorian Finney-Smith, Javonte Green, Jabari Walker.
Proposed Moves: I would prioritize building depth at center, beginning with trading Gabe Vincent, Jordan Goodwin, and a second-round pick to Portland for Robert Williams III. I would then sign Brook Lopez to a one-year contract worth $5.7 million.
Under Contract: LeBron James (P), Luka Doncic, Dorian Finney-Smith (P), Rui Hachimura, Austin Reaves, Maxi Kleber, Gabe Vincent, Jarred Vanderbilt, Dalton Knecht, Bronny James, Shake Milton and Jordan Goodwin (T).
Key Free Agent: Jaxson Hayes.
Other Free Agents: Jordan Goodwin, Markieff Morris and Alex Len.
Miami Heat
Below the Tax: $5.8 million
Below the First Apron: $11 million
Below the Second Apron: $23 million
The Heat`s approach to building their roster around Bam Adebayo, Tyler Herro, and Kel`el Ware should be guided by patience, considering whether to be aggressive now or wait until the 2026 offseason.
Miami will have financial flexibility in the 2026 offseason while also being active in trade discussions using the expiring contracts of Terry Rozier and Duncan Robinson. Furthermore, Miami is well below the second apron, allowing them to aggregate contracts in potential trades. However, if the goal is to re-sign restricted free agent Davion Mitchell, a priority would be to acquire players who command lower salaries in trades.
Team Needs: Backcourt depth and a reserve big man.
Potential Fits: Davion Mitchell, Tyus Jones, Malcolm Brogdon, De`Anthony Melton, Chris Paul, Dennis Schroder, Gary Payton II, Bruce Brown, Gary Trent Jr., Kevon Looney, Luke Kornet, Al Horford, Precious Achiuwa, Mason Plumlee, Chris Boucher.
Proposed Moves: I would sign Davion Mitchell to a three-year contract worth $25 million. I would have Duncan Robinson decline his early termination option and then facilitate a sign-and-trade with the Hawks. The Heat would receive a future second-round pick and save nearly $20 million in salary. This move would then grant Miami access to the non-tax midlevel exception.
Under Contract: Bam Adebayo, Tyler Herro, Andrew Wiggins, Kyle Anderson, Haywood Highsmith, Nikola Jovic, Kel`el Ware, Kevin Love, Terry Rozier, Jaime Jaquez Jr., Duncan Robinson (ETO), Keshad Johnson, Pelle Larsson, and Kasparas Jakucionis.
Key Free Agent: Davion Mitchell (R).
Other Free Agents: Alec Burks.
Milwaukee Bucks
Below the Tax: $23 million
Below the First Apron: $29 million
Below the Second Apron: $41 million
As with every offseason, the Milwaukee Bucks are focused on continuing to build a championship-contending roster around Giannis Antetokounmpo. How GM Jon Horst identifies and acquires players to complement Antetokounmpo, especially in light of Damian Lillard`s Achilles injury, will involve both free agency and trades.
The trade involving Khris Middleton and Kyle Kuzma grants the Bucks the ability to utilize the $14.1 million non-tax midlevel exception to potentially sign free agent Gary Trent Jr. or find a temporary replacement for Lillard.
The futures of Brook Lopez and Bobby Portis also require consideration. Lopez was one of only five players last season to record at least 100 three-pointers and 100 blocks and has started every game he`s played for Milwaukee since signing in 2018. Portis` $13.4 million player option is below the league`s average player salary. It is improbable that the Bucks can afford to retain both players, utilize their non-tax midlevel exception, and also take on additional salary via trade.
Team Needs: Lead guards and big men.
Potential Fits: Gary Trent Jr., Myles Turner, Brook Lopez, Bobby Portis, Ty Jerome, Tyus Jones, Chris Paul, Malcolm Brogdon, Larry Nance Jr., Al Horford, Luke Kornet, Dennis Schroder, Gary Payton II, Bruce Brown, Nickeil Alexander-Walker, Trey Lyles, Chris Boucher, Trendon Watford, Lindy Waters III, Alec Burks, Jeremiah Robinson-Earl, Santi Aldama, Tre Mann, Reece Beekman, Micah Potter, Branden Carlson.
Proposed Moves: I would acquire Duncan Robinson from Miami in a sign-and-trade deal involving Pat Connaughton. Robinson`s first-year salary is $13 million. I would then sign Dennis Schroder to a two-year contract worth $14 million. Subsequently, I would sign Bobby Portis to a two-year extension worth $32 million (as part of this agreement, Portis would opt into his player option). Finally, I would sign Luke Kornet to a two-year contract worth $14 million.
Under Contract: Giannis Antetokounmpo, Damian Lillard, Kyle Kuzma, Bobby Portis (P), Pat Connaughton (P), Kevin Porter Jr., Tyler Smith, AJ Green, Chris Livingston and Andre Jackson Jr.
Key Free Agents: Bobby Portis, Brook Lopez, and Gary Trent Jr.
Other Free Agents: Pat Connaughton, Kevin Porter Jr., Taurean Prince, Ryan Rollins (R) and Jericho Sims.
Minnesota Timberwolves
Above the Tax: $15 million
Above the First Apron: $10 million
Below the Second Apron: $2 million
The Timberwolves are entering the offseason with key roster decisions to make, this time under the new ownership group led by Marc Lore and Alex Rodriguez. While Minnesota has 14 players under contract for the upcoming season, starter Julius Randle and important reserve Nickeil Alexander-Walker could become free agents (Randle has a player option).
The financial cost of retaining both players could push the Timberwolves` payroll past $250 million, potentially placing them in the second apron once again.
Team Needs: A reserve big man and wing shooting.
Potential Fits: Julius Randle, Nickeil Alexander-Walker, Larry Nance Jr., Al Horford, Luke Kennard, Gary Trent Jr., Jake LaRavia, Trey Alexander, Riley Minix, Luke Kornet, Sam Merrill, Mason Plumlee, Trey Lyles, Taurean Prince, Amir Coffey.
Proposed Move: I would recommend Julius Randle opting into his contract and then signing him to a two-year contract extension worth $60 million.
Under Contract: Anthony Edwards, Rudy Gobert, Julius Randle (P), Jaden McDaniels, Naz Reid, Donte DiVincenzo, Mike Conley, Rob Dillingham, Terrence Shannon Jr., Jaylen Clark, Luka Garza (T), Leonard Miller, Josh Minott (T) and Joan Beringer.
Key Free Agents: Julius Randle and Nickeil Alexander-Walker.
Other Free Agents: Luka Garza, Josh Minott and Joe Ingles.
Orlando Magic
Above the Tax: $5.5 million
Below the First Apron: $1.5 million
Below the Second Apron: $13 million (Note: The Magic aggregated the contracts of Kentavious Caldwell-Pope and Cole Anthony in the Desmond Bane trade, hard-capping them at the second apron.)
Before the trade for Desmond Bane, the Magic had attempted to balance roster construction through free agency signings and draft picks. The only players previously acquired via trade were Wendell Carter Jr. and Gary Harris. The aggressive move for Bane signals that Orlando perceives an opportunity in the Eastern Conference to compete not just for a play-in spot, but for a top-four seed. The Bane trade projects Orlando to pay the luxury tax for the first time since the 2010-11 season.
The offseason now centers on a potential rookie max extension for Paolo Banchero. The forward is eligible to sign a contract potentially worth five years and $247 million. Should this occur, Orlando would have four players—Banchero, Bane, Franz Wagner, and Jalen Suggs—each earning over $35 million next season.
Team Needs: A reserve lead guard and wing shooting.
Potential Fits: Tyus Jones, Malcolm Brogdon, Chris Paul, Sam Merrill, Dennis Schroder, Gary Trent Jr., Landry Shamet, Jake LaRavia, Garrison Mathews, Tim Hardaway Jr., Trey Alexander, Mason Jones, Cam Thomas, Keion Brooks.
Proposed Move: I would sign Tyus Jones to a two-year contract worth $12 million.
Under Contract: Franz Wagner, Jalen Suggs, Desmond Bane, Paolo Banchero, Jonathan Isaac, Wendell Carter Jr., Goga Bitadze, Anthony Black, Jett Howard, Tristan da Silva, Moritz Wagner (T), Caleb Houstan (T), Jase Richardson.
Key Free Agents: Moritz Wagner and Caleb Houstan.
Other Free Agents: Gary Harris and Cory Joseph.
Philadelphia 76ers
Below the Tax: $1.8 million
Below the First Apron: $9.8 million
Below the Second Apron: $21.7 million
A year after signing Paul George and being widely considered the “unofficial” winners of the 2024 offseason, this summer is expected to be less eventful for Philadelphia. The team`s primary focus this offseason ranges from managing Joel Embiid`s health to re-signing restricted free agent Quentin Grimes and Guerschon Yabusele.
Grimes is a restricted free agent, giving Philadelphia the ability to exceed the salary cap to re-sign him. However, if the 76ers utilize more than $5.7 million of their non-tax midlevel exception, they would be hard-capped.
Team Needs: Backup point guard, shooting, and frontcourt depth.
Potential Fits: Quentin Grimes, Guerschon Yabusele, Tyus Jones, Malcolm Brogdon, De`Anthony Melton, Chris Paul, Dennis Schroder, Gary Trent Jr., Luke Kennard, Sam Merrill, Tim Hardaway Jr., Taurean Prince, Nickeil Alexander-Walker, Bruce Brown, Alec Burks, Ty Jerome.
Proposed Move: I would re-sign Quentin Grimes to a four-year contract worth $72 million.
Under Contract: Joel Embiid, Paul George, Tyrese Maxey, Tobias Harris, Kyle Lowry, Cameron Payne, De`Anthony Melton, Nicolas Batum, Kenyon Martin Jr., Jeff Dowtin Jr. (T), Ricky Council IV (T), Guerschon Yabusele (RFA).
Key Free Agents: Quentin Grimes (R), Guerschon Yabusele (R).
Other Free Agents: Jeff Dowtin Jr., Ricky Council IV.