NBA Roundtable

2010 Cap Space: Minnesota

In Free Agency, General NBA, Trade Talk on November 29, 2009 at 7:13 am

Updated Version — click here

Minnesota Timberwolves Salaries

Contracts above $5 million

  • Al Jefferson – $13 million

Big Al is the only large contract on the Wolves’ books and he has three years left on his contract.

Rest Of Team’s Salaries

  • Ramon Sessions – $3.96 million
  • Corey Brewer – $3.7 million
  • Kevin Love – $3.64 million
  • Jonny Flynn – $3.19 million
  • Ryan Hollins – $2.33 million
  • Wayne Ellington – $1.08 million

Four of those six players are on their rookie contracts. Corey Brewer will be finishing the final year of his deal, while Love enters his third season, with Flynn and Ellington starting their sophomore campaigns. Ramon Sessions has three years left on his contract and Ryan Hollins has two years.

Those contracts amount to $17.9 million and take the Thunder’s total up to $30.9 million.

Other Costs

  • Draft Picks — Minnesota look like a lock to finish with a top five pick. That comes with a cap hold of between $2.72-to-$4.15 million.
  • Draft Rights — Ricky Rubio — A cap hold remains on the Wolves books until either the Wolves (1) sign him (2) trade him (3) rescind their draft rights. This cap hold costs $2.81 million.
  • Non-Guaranteed Contracts — Ryan Gomes has a partially guaranteed contract. He has $1 million of his $4.235 million contract guaranteed. He also has partial guarantees on the following two years of his contract ($1.75 million of $9.5 million) for a total of $2.75 million of just under $14 million over three years. All of that contract becomes guaranteed if he’s not waived before the 30th of June 2010. It’s hard to say whether or not he’ll survive the cut (I’d like to see him waived).
  • Open Roster Spots — Minnesota will have seven players + one draft pick + Rubio + possibly Ryan Gomes. That’s 9/10 players. So they’ll have a cap charge of around $1.43 million to $1.9 million.

The additional costs here amount to $8.43-to-$12.63 million depending on whether they retain Ryan Gomes + where they select in the draft lottery.

That gives us a new total of $39.33-to-$43.33 million. (42.07)

The Cap

The league sent out a memo at the beginning of free agency this year citing these numbers as possible cap figures for 2010

The NBA’s ballyhooed free-agent summer of 2010 might have quietly taken another hit late Tuesday night.

In a memo announcing next season’s salary cap and luxury-tax threshold, sent out shortly before the league’s annual July moratorium on signings and trades was lifted at 12:01 a.m. Wednesday, NBA teams also received tentative projections from the league warning that the cap is estimated to drop to somewhere between $50.4 million and $53.6 million for the 2010-11 season.

2010 Cap Space

The Minnesota Timberwolves will have $7.07-to-$14.3 million in cap space next summer.

  • Keep Gomes — between $7.1-to-$11.6 million in cap space
  • Waive Gomes — between $9.6-to-$14.3 million in cap space

Wolves Free Agency Options

Okay, so that’s a wide difference there. A slightly higher than MLE contract to a near max contract. We’ll have to wait closer to the time and find out what happens with the lottery (both the selection + specific player picked), Ryan Gomes and the cap before looking at the Wolves options further.

  1. They make so much money!

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