Pele wrote:
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SIGNED FOR 2014-2015
- DeRozan @ $9.5
- Fields @ $6.25
- Novak @ $3.45
- Valanciunas @ $3.68
- Ross @ $2.79
TOTAL = $25.67
OPTIONS FOR 2014-2015
- Gay (P) @ $19.32
- Johnson (T) @ $7.0
- Hansborough (T) @ $3.33
- Daye (T) @ $1.06
- Stone (T) @ $0.95
- Acy (T) @ $0.92
- Buycks (T) @ $0.82
TOTAL = $33.40
If all options were picked-up, the Raptors would have 12 players under contract for $59.07M, plus the cap hold for their 2014 1st round pick. That would put them well over the salary cap, without even having a starting PG under contract (unless that's the 2014 1st round pick).
Even if Gay & Johnson were the only options picked-up, then the Raptors would have 7 players under contract for $51.99M, plus the cap hold for their 2014 1st round pick. Re-signing Lowry would take up all remaining cap space. If Lowry is renounced, the Raps still don't have room for a max-contract free agent and have less than $10M to fill their roster (until they can only offer minimum contracts).
Without making some moves this season to shed salary going into the offseason (whether that is a "tank" or not), there's no way MU can be a major player in free agency, unless Gay chooses to opt-out of his contract.
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