The Numbers
The Phoenix Suns are in a great position for a rebuilding organization. They have higher than average Cap Space available and a summer full of big names.
2016 NBA Luxury Tax Threshold: $113,000,000
2016 NBA Salary Cap Max: $94,000,000
Active Contracts: $57,517,077
Dead Money: $777,777
Cap Holds: $16,338,762
Team Salary (Base Salary): $58,294,854
Team Salary (Cap Total): $74,633,616
Practical Cap Space: $35,705,146
Actual Cap Space: $19,366,384
Luxury Tax Space: $54,705,146
Note: All financial statistics are from Spotrac.
What does this mean? This means that the Suns have anywhere from $19,366,384 to $35,705,146 to spend in free agency, depending on guaranteed contracts and who they decide to bring back to Phoenix.
Next: Who to Keep and Who Not to Keep