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Cap holds are the reason the Spurs (and most teams) will start the offseason over the salary cap.
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This process can still happen, but if a team wishes to maintain their own free agent’s bird rights, they will need to keep that player’s cap hold on the books until that player is signed. This prevents teams from using their cap space to sign a bunch of free agents then use bird rights to go over the cap to sign their own players. This increases the Spurs’ overall salary to $61,935,224 with ten players under contract.Įvery free agent comes with a cap hold. Teams almost always sign the player to 120 percent of this amount, so this article will assume that the Spurs will have a draft pick cap hold in the amount of $3,946,800. The projected first-year salary of the 12th pick in the 2021 NBA draft is between 80-120 percent of $3,289,000. While the NBA draft lottery has yet to take place, this article will assume that the Spurs keep and make this pick. The Spurs are currently projected to own the 12th pick in the NBA draft. Additional cap figures impacting the Spurs’ salaryīeyond the contracts already discussed above, the Spurs still owe $1,242,340 of DeMarre Carroll’s contract, increasing the Spurs’ salary to $57,988,424. Keeping Eubanks on the roster would bring the Spurs’ salary up to $56,746,084 with nine players under contract.
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The Spurs will almost certainly keep him into training camp, but he’s another 6’5” guard on a roster full of 6’5” guards.įor the purposes of this article I will assume that the Spurs fully guarantee Eubanks’ contract before the August 20th deadline and that they ultimately waive Jeffries. Jeffries is a bit of an unknown commodity at this point as he was signed near the conclusion of the regular season. He has shown flashes of being a viable backup to Jakob Poeltl, or at the very least a luxury depth piece at the center position on a very reasonable contract. Partially or Non-Guaranteed Salaries Playerīesides the eight players with fully guaranteed contracts, Drew Eubanks has a partially guaranteed contract and DeQuan Jeffries has a non-guaranteed contract.Įubanks feels like a lock to have his salary guaranteed for the 2021-2022 season. When reading through the numbers below, keep in mind that the NBA has projected the salary cap for the 2021-2022 season to be $112 million with the luxury tax line set at $136.6 million. For now let’s focus on what the Spurs’ salary cap situation looks like this summer. Whether or not the Spurs should look to re-sign some of these veterans will be a conversation for another day (though I might throw in a guess or two). Whether or not this approach can be considered a success depends on one’s expectations of the team during this period of transition.ĭespite the Spurs’ reluctance to enter a full rebuild, they still ended up missing the playoffs each of the past two seasons and are going into an offseason unlike any they have had in a very long time as every veteran on the team over the age of 30 will be an unrestricted free agent. Instead of bottoming out and stockpiling draft assets, they continued pushing for playoff relevancy by blending together their young core with a number of veterans. After the retirement of the Big 3 and Kawhi Leonard forcing his way out of town, the San Antonio Spurs chose a path not frequently taken by franchises undergoing major changes.