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Orlando Magic

Orlando Magic 2020 Salary Cap

Magic 2020 Salary Cap

An updated look at the Orlando Magic 2020 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

Magic – The Athletic

Player Option
Club Option
Non-Guaranteed
Estimate
Player (15) Age Pos. Cap Figure Signed Using Base Salary Dead Cap Cap Figure Cap % Future Gteed Cash
Porter Jr.Otto Porter Jr.
Foot
27 SF $28,489,238 Cap Space
Max (25%)
$28,489,238 ($28,489,238) $28,489,238 24.97 -
HarrisGary Harris 26 SG $19,160,714 Bird $19,160,714 ($19,160,714) $19,160,714 16.79 $20,482,143
RossTerrence Ross
Back
29 SG $13,500,000 Bird $13,500,000 ($13,500,000) $13,500,000 11.83 $24,000,000
FultzMarkelle Fultz
Knee-acl (season-ending)
22 PG $12,288,697 Rookie $12,288,697 ($12,288,697) $12,288,697 10.77 $35,000,000
IsaacJonathan Isaac
Knee-acl (season-ending)
22 PF $7,362,566 Rookie $7,362,566 ($7,362,566) $7,362,566 6.45 $69,600,000
BambaMohamed Bamba 22 C $5,969,040 Rookie $5,969,040 ($5,969,040) $5,969,040 5.23 $7,568,743
Carter Jr.Wendell Carter Jr.
Eye
21 C $5,448,840 Rookie $5,448,840 ($5,448,840) $5,448,840 4.77 $6,920,027
Carter-WilliamsMichael Carter-Williams
Ankle
28 PG $3,300,000 Early Bird $3,300,000 ($3,300,000) $3,300,000 2.89 $3,300,000
Ennis IIIJames Ennis III 30 SF $3,300,000 NT-MLE $3,300,000 ($3,300,000) $3,300,000 2.89 -
AnthonyCole Anthony 20 PG $3,285,120 Rookie $3,285,120 ($3,285,120) $3,285,120 2.88 $3,449,400
OkekeChuma Okeke
Ankle
22 PF $3,121,080 Rookie $3,121,080 ($3,121,080) $3,121,080 2.74 $3,277,080
HamptonRJ Hampton 19 PG $2,193,480 Rookie $2,193,480 ($2,193,480) $2,193,480 1.92 $2,303,040
BaconDwayne Bacon 25 SG $1,678,854 Minimum $1,678,854 ($1,678,854) $1,678,854 1.47 -
WagnerMoritz Wagner 23 C $221,995 Minimum $221,995 ($221,995) $221,995 0.19 -
HallDonta Hall 23 PF $79,216 Minimum $79,216 ($79,216) $79,216 0.07 -


2020-21 Two-Way

Players signed to Two-Way contracts that are currently designated to G-League affiliate. Two-way salaries do not count against a team's Total Cap Allocations.

Player (2) Age Pos.
RandleChasson Randle 27 PG          
ThornwellSindarius Thornwell 25 SG          


2020-21 Retained Cap

Cap breakdowns for players that were on the roster via 10-day contracts.

Player (5) Pos. Signed Using Base Salary Signing Bonus Trade Kicker Likely Incentives Dead Cap Cap Figure Cap %
BrazdeikisIgnas Brazdeikis SF $148,531 - - - ($148,531) $148,531 0.13
FranksRobert Franks SF $99,020 - - - ($99,020) $99,020 0.09
FranksRobert Franks SF $99,020 - - - ($99,020) $99,020 0.09
HallDonta Hall PF $99,020 - - - ($99,020) $99,020 0.09
CannadyDevin Cannady PG $61,528 - - - ($61,528) $61,528 0.05


2020-21 Dead Cap

Cap breakdowns for players who have been traded or released. All count against the team's Total Cap Allocations.

Player (2) Age Pos. Signed Using Base Salary Signing Bonus Trade Kicker Dead Money Cap Figure Cap %
BirchKhem Birch 28 PF $2,586,036 - - - $2,586,036 2.27
TeagueJeff Teague 32 PG $2,564,753 - - - $1,620,564 1.42


2020-21 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Magic are currently over the league salary cap, these cap holds do not count against their Total Cap figure. Denouncing these cap holds will NOT afford the team any new cap space. These figures are not counted toward a team's Luxury Tax Allocation.

Player (3) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
AfflaloArron Afflalo 34 SG   $1,620,564  
SpeightsMarreese Speights 33 PF   $1,620,564  
LawVic Law 24 SG Non-Bird   $1,445,697  


Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined.

Non-Taxpayer Mid-Level Exception Details is awarded annually to teams who are above the cap but below the Luxury Tax Apron ($138,928,000) and can be used for contracts up to 4 years in length.

Bi-Annual Exception Details is available to any teams who are below the Luxury Tax Apron ($138,928,000), and did not use this exception in the previous season. It can be used for contracts up to 2 years in length.

Trade Exception Details becomes available when a team relinquishes more salary than it acquires during a trade. The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary.

Type Amount (Remaining) Reason/Notes Expire Date
Non-Taxpayer Mid-Level Exception $9,258,000
($3,958,000)
James Ennis III ($3,300,000), Gary Clark ($2,000,000)
Bi-Annual Exception $3,623,000
($3,623,000)
Trade Exception $17,150,000
($17,150,000)
Evan Fournier trade with BOS 03/25/2022
Trade Exception $4,272,060
($4,272,060)
Al-Farouq Aminu trade with CHI 03/25/2022
Trade Exception $2,100,000
($2,100,000)
Gary Clark trade with DEN 03/25/2022


2020-21 Luxury Tax Totals

Denotes the Magic current standing in terms of the luxury tax threshold. Teams that spend over the threshold pay fines (estimated below).

Type Totals
2020 NBA Luxury Tax Threshold $132,627,000
Total Taxable Salaries $114,225,510
Luxury Tax Space $18,401,490


2020-21 Orlando Magic Salary Cap Totals

The Magic are currently over the league salary cap. This means Cap Holds & Exceptions are NOT included in their Total Cap Allocations, and renouncing these figures will not afford them any cap space. The team may only sign outside players using any available exceptions or at league minimum salaries.

Cap Type Total
Active Roster Cap $109,398,840
Earned Money $507,119
Dead Money $4,206,600
Cap Holds $35,789,885
Total Salaries $114,112,559
2020 NBA Salary Cap Max $109,140,000
Actual Cap Max Space $-4,972,559
Cap Type Cap Total
Active Roster Cap $109,398,840
Earned Money $507,119
Dead Money $4,206,600
Cap Holds $35,789,885
Total Cap Allocations $114,112,559
2020 NBA Salary Cap Max $109,140,000
Cap Max Space $-4,972,559



Deadlines

Deadline Date Player Type Value
2021-22
08/01/2021 Dwayne Bacon Guaranteed $1,824,003
10/31/2021 Cole Anthony 2022-23 Club Option $3,613,680
11/01/2021 Chuma Okeke 2022-23 Club Option $3,433,320
06/29/2022 Mohamed Bamba 2022-23 Qualifying Offer $10,096,703
2022-23
10/31/2022 Chuma Okeke 2023-24 Club Option $5,266,713
10/31/2022 Cole Anthony 2023-24 Club Option $5,539,771
06/29/2023 Cole Anthony 2024-25 Qualifying Offer $7,744,600
2023-24
07/01/2023 Markelle Fultz Guaranteed $17,000,000
06/29/2024 Chuma Okeke 2024-25 Qualifying Offer $7,399,732