How Golden State can afford KD
The Golden State Warriors, currently with no cap space, need to create room to sign Kevin Durant, who agreed to join the franchise Monday.
Stephen Curry, Klay Thompson and Draymond Green are likely untouchable, but the Warriors do have decisions to make on the value of cap space vs. their own free agents. Key rotational player Andre Iguodala appears to be a part of the plan going forward, but the Warriors are workng on a deal to move center Andrew Bogut.
Here are the moves the Warriors need to make to fit Durant:
1. Trade Bogut’s contract to the Dallas Mavericks.
2. Renounce the unrestricted free-agent holds of Marreese Speights, Leandro Barbosa, Ian Clark, James McAdoo, Brandon Rush and Anderson Varejao.
3. Withdraw the qualifying offers and renounce the cap holds of Harrison Barnes and Festus Ezeli.
The moves would leave Golden State with $26.6 million in cap space to sign Durant to a max contract.
However, doing so would leave the Warriors with only the minimum and room mid-level ($2.9 million) to fill out their roster.
Warriors' financial picture
Player |
| 2016 |
Kevin Durant |
| $26,500,100 |
Klay Thompson |
| $16,663,575 |
Draymond Green |
| $15,330,435 |
Stephen Curry |
| $12,112,359 |
Andre Iguodala |
| $11,131,368 |
Kevon Looney |
| $1,182,840 |
Shaun Livingston |
| $5,782,450 |
Damian Jones | Draft pick | $976,300 |
Jason Thompson | Waiver | $945,126 |
Salary table |
| 2016 |
Guaranteed salaries |
| $88,703,127 |
Dead money |
| $945,126 |
Non-guaranteed |
| 0 |
Tax variance |
| 0 |
Free-agent cap holds |
| $976,300 |
Incomplete roster charge |
| $2,173,884 |
Salaries: cap |
| $92,798,437 |
Salaries: tax |
| $92,798,437 |
Salary cap |
| $94,143,000 |
Luxury tax |
| $113,287,000 |
Cap space |
| $1,344,563 |
Tax room |
| $20,488,563 |
