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Orlando Magic

Orlando Magic 2021-22 Salary Cap

Magic 2021-22 Salary Cap

An updated look at the Orlando Magic 2021 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 (11) Age Pos. Cap Figure Signed Using Base Salary Dead Cap Cap Figure Cap % Future Gteed Cash
HarrisGary Harris 27 SG $20,482,143 Bird $20,482,143 ($20,482,143) $20,482,143 12.52 -
IsaacJonathan Isaac 23 PF $17,400,000 Bird $17,400,000 ($17,400,000) $17,400,000 10.64 $52,200,000
FultzMarkelle Fultz 23 PG $16,500,000 Bird $16,500,000 ($16,500,000) $16,500,000 10.09 $18,500,000
RossTerrence Ross 30 SG $12,500,000 Bird $12,500,000 ($12,500,000) $12,500,000 7.64 $11,500,000
BambaMohamed Bamba 23 C $7,568,743 Rookie $7,568,743 ($7,568,743) $7,568,743 4.63 -
Carter Jr.Wendell Carter Jr. 22 C $6,920,027 Rookie $6,920,027 ($6,920,027) $6,920,027 4.23 -
AnthonyCole Anthony 21 PG $3,449,400 Rookie $3,449,400 ($3,449,400) $3,449,400 2.11 -
Carter-WilliamsMichael Carter-Williams 29 PG $3,300,000 Early Bird $3,300,000 ($3,300,000) $3,300,000 2.02 -
OkekeChuma Okeke 23 PF $3,277,080 Rookie $3,277,080 ($3,277,080) $3,277,080 2.00 -
HamptonRJ Hampton 20 PG $2,303,040 Rookie $2,303,040 ($2,303,040) $2,303,040 1.41 -
BaconDwayne Bacon 26 SG $1,824,003 Minimum $1,824,003 - $1,824,003 1.12 -


2021-22 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. Renouncing 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 (10) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Qualifying Offer Cap Figure Cap %
Porter Jr.Otto Porter Jr. 28 SF   - $33,724,500  
Ennis IIIJames Ennis III 31 SF Bird   - $6,270,000  
VazquezFran Vazquez 38 C 1st Round Rookie Scale   - $4,154,400  
BrazdeikisIgnas Brazdeikis 22 SF Restricted Non-Bird   $1,889,178 $1,889,178  
AfflaloArron Afflalo 35 SG Non-Bird   - $1,669,178  
SpeightsMarreese Speights 34 PF Non-Bird   - $1,669,178  
WagnerMoritz Wagner 24 C Non-Bird   - $1,669,178  
ThornwellSindarius Thornwell 26 SG Two-Way   $1,489,065 $1,489,065  
LawVic Law 25 SG Two-Way   - $1,489,065  
RandleChasson Randle 28 PG Non-Bird   - $1,489,065  
Incomplete Roster Charge 1 spots 1 spots           $925,258    
Round 1, Pick #5           $6,593,040    
Round 1, Pick #8           $5,007,840    
Round 2, Pick #33           -    


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 ($143,096,000) 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 ($143,096,000), 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 $9,536,000
($9,536,000)
Bi-Annual Exception $3,732,000
($3,732,000)
Trade Exception $17,150,000
($17,150,000)
Evan Fournier trade with BOS 02/11/2022
Trade Exception $4,272,060
($4,272,060)
Al-Farouq Aminu trade with CHI 02/11/2022
Trade Exception $2,000,000
($2,000,000)
Gary Clark trade with DEN 02/11/2022


2021-22 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
2021 NBA Luxury Tax Threshold $136,606,000
Total Taxable Salaries $97,413,614
Current Luxury Tax Space $39,192,386


2021-22 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 Cap Total
Active Roster Cap $95,524,436
Cap Holds $68,038,945
Total Cap Allocations $163,563,381
Salary Cap Maximum
2021 NBA Salary Cap Max $112,414,000
Current Cap Space $-51,149,381
Salary Cap Floor
2021 NBA Salary Cap Floor $101,173,000
Current Floor Space $5,648,564
 

2021-22 Practical Cap Space

Available Practical Cap Space: $-50,224,123 — $5,262,171

$-50,224,123
Projected Practical Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries + estimated exercised and declined options + estimated retained cap holds and draft pool cap holds.

$5,262,171
Maximum Possible Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. All other options, cap holds, exceptions are assumed as declined, waived or renounced.





Deadlines

Deadline Date Player Type Value
2021-22
08/09/2021 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