Posted: 8:00 a.m. Wednesday, May 8, 2013
By Robby Kalland
This summer is going to be extremely busy as Danny Ferry and the Atlanta Hawks will have to fill up to 12 roster spots through the draft, free agency, and trades. Our off-season primer will prepare you with all of the important dates, salary figures, and roster information.
May 15-19: NBA Draft Combine in Chicago
May 21: NBA Draft Lottery
June 20-30: Period for team's to extend Qualifying Offers to Restricted Free Agents
June 27: NBA Draft (Hawks currently hold picks 17 (1st), 18 (1st), 47 (2nd), 50 (2nd))
July 1st: Free Agency Begins
Hawks Salary Figures as of July 1st, 2013:
Al Horford: $12 million (Guaranteed)
Lou Williams: $5.225 million (Guaranteed)
John Jenkins: $1.2588 million (Guaranteed)
DeShawn Stevenson: $2.2405 million (Non-Guaranteed)
Mike Scott: $788,872 (Non-Guaranteed)
Shelvin Mack: $788,872 (Non-Guaranteed)
Hawks Restricted Free Agents:
Jeff Teague: $3.4696 million (Qualifying Offer/RFA)
Ivan Johnson: $1.2027 million (Qualifying Offer/RFA)
Hawks Unrestricted Free Agents:
Josh Smith (2012 salary: $13.2 million)
Devin Harris (2012 salary: $8.5 million)
Zaza Pachulia (2012 salary: $5.2488 million)
Kyle Korver (2012 salary: $5 million)
Johan Petro (2012 salary: $3.5 million)
Dahntay Jones (2012 salary: $2.9 million)
Anthony Tolliver (2012 salary: $915,852)
Hawks Projected Cap Room as of July 1st, 2013: $33.09 million
My math teachers always told me to show my work. So here is how we get to $33.09 million of cap space this summer.
The projected cap room is based off of an approximated $60 million cap number. $33.1 reflects the Hawks cap room if they release DeShawn Stevenson as expected, retain Mike Scott and Shelvin Mack, and extend qualifying offers to Jeff Teague and Ivan Johnson. It also takes into account the Hawks' first round salaries.
Prior to signing draft picks, the Hawks would have $35.266 in cap space. So, should they trade the picks, that would be the starting cap number, and then you would subtract the incoming player/pick's salary from the $35.266 number.
If the Hawks retain and sign both first round picks, they will cost $1,617,840 (17th) and $1,536,960 (18th) with the rookie minimum for next year is 490,180. So, the two will be a combined $2,174,440 over the rookie minimums, which will count against the cap (minimum contracts do not count towards the cap), which when subtracted from their cap room makes the approximate cap number that can be used...33.09.
Also, the Hawks will be able to offer the $5.15 million mid-level exception should they reach the cap number. The mid-level exception is not additional cap space, but is available for the Hawks to use, and would not count towards their tax bill, should they stay under $64 million dollars in salary. (The mid-level exception resets each season, so Lou Williams' contract does not count as it this year.)
While what the Hawks do this offseason is unknown, what we know for sure is that they will be extremely active as they try to fill roster spots, utilize their four draft picks, and spend $33.1 million in cap room. Hopefully this rundown provided some clarity on the situation as we move towards the off-season chaos.
If you're feeling bored and want to brush up on your CBA knowledge click here to go to Larry Coon's CBA FAQ's. It's a must read/bookmark if you are going to try and figure out the CBA and the numerous exceptions/minimums/salary scales that will be vital to this Hawks off-season. The rookie salary scale for this season is available on Hoopsworld.com here.