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San Antonio has been using the $5.2M Tre Jones cap hold as a buffer to preserve room. Once Jones signs his contract (starting at $10M projected), the Spurs $5.2M in room will go away.
[Marks] San Antonio has been using the $5.2M Tre Jones cap hold as a buffer to preserve room. Once Jones signs his contract (starting at $10M projected), the Spurs $5.2M in room will go away. If Jones signed his contract, the Spurs would not have room to acquire Payne.
Cap ramifications from Williams trade: Dallas below first apron at $9M, $12.4M midlevel still available. Boston $6.2M trade exception created. San Antonio $12.5M.
Cap ramifications
Dallas
Below first apron: $9M (approximately)
Midlevel: $12.4M still available but cannot exceed the first apron.
They can crate $3.4M in flexibility by waiving and stretching JaVale McGee.
Boston
Trade exception created: $6.2M (projected)
Keeping Williams at the same salary would have cost an additional $40M toward the tax for Boston.
Boston doesn’t have access to the $5M tax midlevel because of the second apron.
San Antonio
Cap space: $12.5M
Reggie Bullock is on expiring $10.5M contract.