How many NBA teams still have cap space? What kind of deals can contenders still make?
We go team-by-team on what can still happen in the NBA offseason.
ATLANTA HAWKS
Summer transactions: Trae Young (draft), Kevin Huerter (draft) and Omari Spellman (draft)
Cap-space breakdown
The Hawks are in a familiar position from last year: a rebuilding team with $21 million in room that can take back expiring contracts in exchange for draft picks.
The Hawks do have two nonguaranteed contracts (Antonius Cleveland and Jaylen Morris). The Hawks could create an additional $3 million in room if both are waived.
Current free agents: Malcolm Delaney (early Bird) and Damion Lee (non-Bird)
Available exceptions: $4.4 million (room)
Players under contract: 14
BOSTON CELTICS
Summer transactions: Robert Williams (draft), Aron Baynes (two years, $10.6 million) and Brad Wanamaker (one year, $838,464)
Cap-space breakdown
After the Aron Baynes signing, Boston has $115.1 million in salary, $8.6 million below the luxury tax.
The restricted free agency of Marcus Smart will likely push the Celtics into the luxury tax if they bring the guard back on a new contract.
The Celtics have three players -- Daniel Theis, Abdel Nader and Semi Ojeleye -- who have partial or nonguaranteed contracts. Theis will have his salary guaranteed July 10, Nader Aug. 1 and Ojeleye on July 15. Nader has $450,000 guaranteed and Ojeleye $901,000.
Keep an eye on the finances for 2019. Boston will have Irving and Rozier up for new contracts next summer (if they don't sign extensions in 2018), with Brown becoming extension eligible as well. Al Horford could also opt out of his contract and become a free agent in 2019.
Note: The Celtics cannot acquire a player like Anthony Davis because of the "Rose rule." Boston is only allowed to trade for one player (Kyrie Irving) that was signed with the Rose rule.
Available exceptions: $8.6 million (non-tax midlevel) and $3.4 million (biannual)
Note: The Celtics will likely have only the $5.3 million tax midlevel exception available if Smart is signed.
Current free agents: Marcus Smart (restricted, Bird), Shane Larkin (non-Bird), Greg Monroe (non-Bird) and Jonathan Gibson (non-Bird)
Players under contract: 14
BROOKLYN NETS
Summer transactions: Dwight Howard (trade and waiver), Dzanan Musa (draft), Rodions Kurucs (draft), Joe Harris (two years, $16 million) and Ed Davis (one year, $4.4 million)
Cap-space breakdown
The Dwight Howard buyout will leave the Nets with roughly $10.5 million in room after second-round pick Rodions Kurucs is signed (if Isaiah Whitehead is waived before his July 31 guaranteed date).
Despite agreeing to terms with Joe Harris and Ed Davis, Brooklyn can use the available cap space first and circle back to sign both players. Harris has a $1.5 million cap but early Bird rights allows Brooklyn to exceed the cap to sign him. Davis will be signed with the $4.4 million room midlevel exception.
Exceptions: None
Current free agents: Jahlil Okafor (fourth-year restriction), Quincy Acy (early Bird) and Dante Cunningham (non-Bird)
Players under contract: 12
CHARLOTTE HORNETS
Summer transactions: Bismack Biyombo (trade), Miles Bridges (draft), Arnoldas Kulboka, Devonte' Graham (draft) and Tony Parker (two years, $10 million)
Cap-space breakdown
Shedding the $23.5 million Dwight Howard contract gave the Hornets flexibility to go out and sign veteran Tony Parker with part of the midlevel exception. Charlotte projects to be under the luxury tax, something that was unlikely had the team kept Howard and signed a veteran point guard.
The Hornets used $988K of the midlevel exception on second-round pick Devonte' Graham. The former Kansas guard signed a three-year, $4 million contract with a team option for the third year. Because more than $5.3 million of the exception was used (combined with Tony Parker), Charlotte is now hard capped at $129.8 million.
Backup guard Julyan Stone $1.7 million contract will become guaranteed if not waived by Aug. 1
Exceptions: $2.6 million (non-tax midlevel), $3.4 million (biannual) and $7.8 million (trade)
Current free agents: Treveon Graham (early Bird)
Players under contract: 15
CHICAGO BULLS
Summer transactions: Wendell Carter Jr. (draft), Chandler Hutchison (draft), Zach LaVine (four years, $78 million matched offer sheet) and Julyan Stone (trade)
Cap-space breakdown
Matching the $78 million offer sheet on Zach LaVine will have Chicago right at the salary cap after including the Noah Vonleh ($10.5 million) and David Nwaba ($1.7 million) free agent holds. If both players do not return, Chicago will have $15 million in room. Because the offer sheet from Sacramento was matched, LaVine has veto power on any trade this year and cannot be deal to the Kings during the 2018-19 season.
Chicago can create an additional $3.5 million in room by waiving the nonguaranteed contracts of Sean Kilpatrick and 2016 second-round pick Paul Zipser. Zipser's $1.5 million contract will become guaranteed on July 18.
Exceptions: $8.6 million (non-tax midlevel), $3.4 million (biannual), $8.9 million (trade) and $1.4 million (trade)
Current free agents: Noah Vonleh (restricted Bird) and David Nwaba (restricted early Bird).
Players under contract: 15
CLEVELAND CAVALIERS
Summer transactions: Collin Sexton (draft)
Cap-space breakdown
With LeBron James off to Los Angeles, Cleveland is still over the salary cap with $110 million in salary (not including Rodney Hood) and the $8.6 million non-tax midlevel and $3.4 million biannual exception available.
Signing Hood will likely put the Cavaliers in the luxury tax.
The $1.5 million contract of Okaro White will have $794,000 guaranteed if he is not waived by Aug. 5.
Exceptions: $8.6 million (non-tax midlevel), $3.4 million (biannual), $5.8 million (trade), $2.5 million (trade), $1.5 million (trade) and $1.3 million (trade).
Current free agents: Rodney Hood (restricted Bird)
Players under contract: 12
DALLAS MAVERICKS
Summer transactions: Luka Doncic (draft), Jalen Brunson (draft), Ray Spalding (draft), Kostas Antetokounmpo (draft), DeAndre Jordan (one year, $22.9 million), Salah Mejri (one year, $1.7 million), Ryan Broekhoff (two years, $2.4 million)
Cap-space breakdown
The Mavs will likely renounce all their free agents except for Yogi Ferrell to create the $22.9 million DeAndre Jordan slot.
Dallas will have $5.0 million to use for a Dirk Nowitzki contract and will still be able to sign second-round pick Jalen Brunson to a deal that exceeds three seasons.
Expect backup Maxi Kleber to be on the roster past his July 15 cut date.
Exceptions: $4.4 (room midlevel)
Current free agents: Dirk Nowitzki (non-Bird) and Yogi Ferrell (restricted early Bird)
Players under contract: 12
DENVER NUGGETS
Summer transactions: Michael Porter Jr. (draft), Jarred Vanderbilt (draft), Thomas Welsh (draft), Nikola Jokic (five years, $148 million), Will Barton (four years, $52 million) and Torrey Craig (two years, $4 million)
Cap-space breakdown
The trade of Wilson Chandler to Philadelphia saved Denver $50 million in combined salary and luxury tax. The Nuggets' current tax bill is $16.6 million at $10.2 million over the tax threshold.
Denver also has the expiring contracts of Kenneth Faried and Darrell Arthur to use to create additional savings.
Exceptions: $3.3 million (tax), $12.8 million (trade)
Current free agents: Devin Harris (Bird) and Richard Jefferson (non-Bird)
Players under contract: 15
DETROIT PISTONS
Summer transactions: Khyri Thomas (draft), Bruce Brown (draft), Jose Calderon (one year, $2.4 million), Glenn Robinson III (two years, $8.4 million) and Zaza Pachulia (one year, $2.4 million)
Cap-space breakdown
The Pistons' additions have them with $122.4 million in committed salary, roughly $1.3 million below the tax.
Expect the $2.5 million Reggie Bullock contract to become guaranteed on July 15.
Detroit still has $3.7 million of its midlevel exception remaining but would be hard capped by using a portion of it.
Exceptions: $3.7 million (non-tax midlevel), $7.0 million (trade), $1.5 million (trade) and $1.3 million (trade)
Current free agents: James Ennis (early Bird) and Jameer Nelson (non-Bird)
Players under contract: 14
GOLDEN STATE WARRIORS
Summer transactions: Jacob Evans (draft), Kevin Durant (two years, $61.5 million), DeMarcus Cousins (one year, $5.3 million), Kevon Looney (one year, $1.6 million) and Jonas Jerebko (one year, $2.4 million)
Cap-space breakdown
For a second consecutive summer, Kevin Durant has given the Warriors a discount. Unlike last year, when his $25 million salary ($9 million below the max) allowed the Warriors to bring back Shaun Livingston and Andre Iguodala, Durant's motive this offseason was to enter free agency in 2019 when the cap is projected to be $109 million. A new Durant contract could be worth $235 million next year.
The Durant contract now offsets the $5.3 million tax midlevel exception used to sign All-Star DeMarcus Cousins.
The tax bill projects to be $50 million once the roster is filled with minimum contracts.
Exception: None
Current free agents: Nick Young (non-Bird), Patrick McCaw (restricted early Bird), David West (early Bird)
Players under contract: 13
HOUSTON ROCKETS
Summer transactions: De'Anthony Melton (draft), Vince Edwards (draft), Chris Paul (four years, $160 million), Gerald Green (one year, $2.4 million) and Michael Carter-Williams (one year, $1.8 million)
Cap-space breakdown
The Rockets accomplished one of their free-agency goals by signing Chris Paul to a $160 million deal. With Paul signed for the next four years, the attention now turns to restricted free agent Clint Capela.
Houston is currently $6 million below the luxury tax and will likely pass the $123.7 million threshold once Capela is signed.
The Rockets could create tax savings, but that would come at the cost of either finding a home for the $40 million owed to Ryan Anderson or stretching his salary owed over five seasons.
Exceptions: $5.3 million (tax midlevel)
Current free agents: Clint Capela (restricted Bird), Tarik Black (non-Bird) and Joe Johnson (non-Bird)
Players under contract: 10
INDIANA PACERS
Summer transactions: Aaron Holiday (draft), Alize Johnson (draft), Doug McDermott (three years, $22 million), Tyreke Evans (one year, $12 million) and Kyle O'Quinn (one year, $4.4 million)
Cap-space breakdown
The Pacers are right at the cap after the Doug McDermott and Tyreke Evans signings.
Exceptions: None
Current free agents: Trevor Booker (non-Bird) and Joe Young (Bird)
Players under contract: 12
LA CLIPPERS
Summer transactions: Shai Gilgeous-Alexander (draft), Jerome Robinson (draft), Mike Scott (one year, $4.5 million) and Avery Bradley (two years, $29 million) and Luc Mbah a Moute (one year, $4.3 million)
Cap-space breakdown
Bringing back guard Avery Bradley and signing forwards Mike Scott and Luch Mbah a Moute has the Clippers with $118 million in salary, $5.7 million below the tax.
The contract for Milos Teodosic has $2.1 million in salary protection and becomes guaranteed if the guard is not waived by July 15. The $5.0 million contract for Patrick Beverley is also non-guaranteed.
Exceptions: $3.4 million (biannual), $1.6 million (trade), $1.5 million (trade) and $1.3 million (trade).
Current free agents: Montrezl Harrell (restricted Bird)
Players under contract: 17
LOS ANGELES LAKERS
Summer transactions: Moritz Wagner (draft), Isaac Bonga (draft), Svi Mykhailiuk (draft), LeBron James (four years, $153.3 million), Kentavious Caldwell-Pope (one year, $12 million), Lance Stephenson (one year, $4.4 million), Rajon Rondo (one year, $9 million) and JaVale McGee (1 year, $2.4 million)
Cap-space breakdown
The Lakers are right at the salary cap after signing Stephenson and Mykhailiuk.
Because of L.A.'s committed salaries, any trade scenario involving Kawhi Leonard would require sending out $16.1 million in salary or using the stretch provision on Luol Deng to create cap space. The free agents signed this summer cannot be traded until after Dec. 15 and Kentavious Caldwell-Pope can veto any trade.
Exceptions: $4.5 million (room midlevel)
Current free agents: None
Players under contract: 14
MEMPHIS GRIZZLIES
Summer transactions: Jaren Jackson Jr. (draft), Jevon Carter (draft), Omri Casspi (one year, $2.4 million) and Kyle Anderson (four years, $37 million)
Cap-space breakdown
The $37 million Kyle Anderson offer sheet with a first-year cap hit at $8.6 million will leave the Grizzlies with $121 million in committed salary. Memphis will be hard capped and cannot exceed $129.8 million in total salary.
Memphis only has the minimum exception (limited to two years) to sign second-round pick Jevon Carter.
Exceptions: $3.4 million (trade) and $1.7 million (trade)
Current free agents: Mario Chalmers (non-Bird)
Players under contract: 15
MIAMI HEAT
Summer transactions: Derrick Jones Jr. (two years, $3.2 million)
Cap-space breakdown
The free-agent spending of last summer and the increase in the Tyler Johnson contract leaves the Heat with 11 players and $120.3 million in committed salary, $3.4 million below the luxury tax.
Besides early Bird rights on Wayne Ellington, Miami likely will have only the $8.6 million non-tax midlevel and $3.4 million biannual exception to use. However, the Heat will be hard-capped if they use more than $5.3 million of the non-tax exception.
Exceptions: $8.6 million (non-tax midlevel) and $3.4 million (biannual)
Current free agents: Wayne Ellington (Bird), Udonis Haslem (Bird), Dwyane Wade (non-Bird) and Luke Babbitt (non-Bird)
Players under contract: 11
MILWAUKEE BUCKS
Summer transactions: Donte DiVincenzo (draft), Ersan Ilyasova (three years, $21 million) and Brook Lopez (one year, $3.4 million)
Cap-space breakdown
The Ilyasova and Lopez signings have Milwaukee with $115 million in committed salary. Because the Bucks used more than $5.3 million of the midlevel exception, the team is now subject to the hard cap and cannot exceed the $129.8 million threshold. The hard cap could come into play if the Bucks receive an offer sheet for or sign restricted free agent Jabari Parker.
The $2.2 million Brandon Jennings contract will be guaranteed if he is not waived by Aug. 1.
The $10.5 million owed to Mirza Teletovic that was eventually stretched with a $3.5 million cap over the next three seasons will be removed starting on Nov. 7.
Exceptions: $1.6 million (non-tax midlevel), $3.4 million (biannual) and $1.9 (trade).
Current free agents: Jabari Parker (restricted Bird), Shabazz Muhammad (non-Bird) and Jason Terry (Bird)
Players under contract: 15
MINNESOTA TIMBERWOLVES
Summer transactions: Josh Okogie (draft), Keita Bates-Diop (draft), Derrick Rose (one year, $2.4 million) and Anthony Tolliver (one year, $5.75 million)
Cap-space breakdown
The Tolliver and Bates-Diop signings have the Timberwolves hard-capped and pressed against the luxury tax. The Wolves have $119.4 million in committed salary, $4.3 million below the tax.
Exceptions: $2.0 million (non-tax midlevel) and $3.4 million (biannual)
Current free agents: Jamal Crawford (non-Bird), Aaron Brooks (non-Bird), Marcus Georges-Hunt (non-Bird) and Amile Jefferson (Bird)
Players under contract: 12
NEW ORLEANS PELICANS
Summer transactions: Elfrid Payton (one year, $2.7 million), Tony Carr (draft), Julius Randle (two years, $18 million) and Ian Clark (one year, minimum
Cap-space breakdown
New Orleans now has more than $110 million in committed salaries. The Randle signing hard-caps the Pelicans, and they are not allowed to exceed $129.7 million in salary.
The Pelicans have four players -- Darius Miller, Emeka Okafor, Cheick Diallo and DeAndre Liggins -- with partial or non-guaranteed contracts. The $2.2 million Miller cap hit will become fully guaranteed on July 24.
Exceptions: $700K (biannual), $3.8 million (trade), $2.3 million (trade), $2.1 million (trade) and $1.5 million (trade)
Current free agents: Jordan Crawford (early Bird)
Players under contract: 14
NEW YORK KNICKS
Summer transactions: Kevin Knox (draft), Mitchell Robinson (draft), Mario Hezonja (one year, $6.5 million) and Luke Kornet (one year, $1.6 million)
Cap-space breakdown
The Mario Hezonja and Mitchell Robinson signings leaves the Knicks with $110 million in committed salary.
Exceptions: $3.4 million (biannual) and $1.4 million (non-tax midlevel)
Current free agents: Michael Beasley (non-Bird) and Jarrett Jack (non-Bird)
Players under contract: 16
OKLAHOMA CITY THUNDER
Summer transactions: Devon Hall (draft), Hamidou Diallo (draft), Kevin Hervey (draft), Paul George (four years, $137 million), Jerami Grant (three years, $27 million), Nerlens Noel (two years, $3.6 million) and Raymond Felton (one year, $2.4 million)
Cap-space breakdown
The Raymond Felton signing now has Oklahoma City with a combined $300 million in luxury tax and payroll. The tax bill alone for the Thunder is $150 million,
Despite the high costs, Oklahoma City can stretch the $28 million owed to Carmelo Anthony and see its tax bill reduced to $49 million, a savings of more than $100 million (in addition to $18 million of salary).
Keeping Anthony and stretching Kyle Singler would save Oklahoma City $20 million in luxury tax.
The Thunder could save $11 million by signing their second-round picks instead of free agents to the minimum exception. Because players selected in the second round have a cap hit of $831,000 and not $1.5 million, Oklahoma City will save substantially. However, signing each player to a contract greater than two years would see the Thunder using part of their $5.3 million tax midlevel.
Exceptions: $5.3 million (tax midlevel), $2.5 million (trade) and $1.5 million (trade)
Current free agents: Josh Huestis (fourth-year restriction)
Players under contract: 13
ORLANDO MAGIC
Summer transactions: Mohamed Bamba (draft), Melvin Frazier (draft), Justin Jackson (draft), Aaron Gordon (four years, $80 million), Isaiah Briscoe (three years, $3.9 million), Jerian Grant (trade) and Timofey Mozgov (trade)
Cap-space breakdown
The Magic were right at the cap when the offseason started and are now over after the Aaron Gordon signing.
The Magic do have the flexibility to create room if needed because of the expiring contracts of Nikola Vucevic and Terrence Ross. Both players combine to earn $22.8 million in 2018-19.
Exceptions: $6.8 million (non-tax midlevel) and $3.4 million (biannual)
Current free agents: Arron Afflalo (non-Bird) and Mo Speights (non-Bird)
Players under contract: 12
PHILADELPHIA 76ERS
Summer transactions: Zhaire Smith (draft), Landry Shamet (draft), Shake Milton (draft), JJ Redick (one year, $12-13 million), Wilson Chandler (trade), Amir Johnson (one year, $2.4 million) and Nemanja Bjelica (one year, $4.4 million)
Cap-space breakdown
After missing out on LeBron James, Philadelphia saw its $26 million in space shrink to $0 after the Redick signing and Chandler trade.
Expect Philadelphia to roll over cap space until 2019, where they are projected to have $36 million in room.
Exceptions: None
Current free agents: None
Players under contract: 17
PHOENIX SUNS
Summer transactions: Deandre Ayton (draft), Mikal Bridges (draft), Elie Okobo (draft), George King (draft), Trevor Ariza (one year, $15 million) and Devin Booker (five year, $158 million extension)
Cap-space breakdown
The signing of Trevor Ariza likely led to Phoenix's decision to waive Alan Williams. The backup center's $5 million contract would have become guaranteed if not waived by July 6.
With Williams waived, Phoenix has $1.1 million in space after second-round pick Elie Okobo was signed to a four-year, $6.4 million contract.
Phoenix does have the expiring contracts of Tyson Chandler ($13.5 million) and Jared Dudley ($9.5 million) to use in a trade if cap space is needed.
Exceptions: $4.4 million (room midlevel)
Current free agents: Alex Len (non-Bird)
Players under contract: 15
PORTLAND TRAIL BLAZERS
Summer transactions: Anfernee Simons (draft), Gary Trent Jr. (draft), Nik Stauskas (one year, $1.6 million) and Seth Curry (one year, $2.8 million) and Jusuf Nurkic (four years, $48 million)
Cap-space breakdown
Despite going into the luxury tax with the Nurkic signing, his $48 million contract presents great value for the Trail Blazers. Nurkic's first-year cap hit falls outside of the top 20 of all centers.
Portland now has a projected $130 million in salary with 14 guaranteed contracts and a current tax bill of $9 million.
The Blazers built up their bench depth at guard with the signings of Curry, Stauskas and Trent. All three players combine to earn $5 million next season.
Exceptions: $1.7 (tax midlevel), $12.9 million (trade) and $3.5 million (trade)
Current free agents: Pat Connaughton (Bird) and Shabazz Napier (Bird)
Players under contract: 16
SACRAMENTO KINGS
Summer transactions: Marvin Bagley III (draft)
Cap-space breakdown
With Chicago matching the $78 million offer sheet on Zach LaVine, Sacramento will go from a team at the cap to one with $19.5 million in room. Because the Kings needed to create additional room for the offer, they waived Nigel Hayes ($1.4 million non-guaranteed contract).
Exception: $4.4 million (room midlevel)
Current free agents: Vince Carter (non-Bird), Bruno Caboclo (Bird)
Players under contract: 13
SAN ANTONIO SPURS
Summer transactions: Lonnie Walker IV (draft), Chimezie Metu (draft), Rudy Gay (one year, $10 million) and Marco Belinelli (two years, $12 million)
Cap-space breakdown
Not matching the $37 million Kyle Anderson offer sheet leaves the Spurs $15.5 million below the luxury tax.
After the Marco Belinelli signing, San Antonio is now hard-capped at $129.8 million.
The Spurs still have decisions to make on restricted free agents Bryn Forbes and Davis Bertans.
Exceptions: $2.7 (midlevel) and $3.4 million (biannual)
Current free agents: Davis Bertans (restricted early Bird), Bryn Forbes (restricted early Bird)
Players under contract: 14
TORONTO RAPTORS
Summer transactions: Fred VanVleet (two years $18 million)
Cap-space breakdown
Barring a trade, the signing of guard Fred VanVleet is likely to be the big offseason transaction for the Raptors.
The VanVleet signing now has the Raptors with $136.7 million in salary and a current tax bill of $23.7 million.
Exceptions: $5.3 million (tax midlevel exception), $11.8 million (trade), $6.1 million (trade) and $2.4 million (trade)
Current free agents: Lucas Nogueira (Bird) and Lorenzo Brown (non-Bird)
Players under contract: 13
UTAH JAZZ
Summer transactions: Grayson Allen (draft), Derrick Favors (two years, $36 million), Raul Neto (two-years, $4.4 million) and Dante Exum (three-years, $33 million)
Cap-space breakdown
With Favors, Neto and Exum back, continuity was the theme of the Jazz's offseason.
Utah now has $117 million in committed salary with 15 players under contract.
Exceptions: $8.6 million (non-tax midlevel), $3.4 million (biannual), $3.7 million (trade) and $2.4 million (trade)
Current free agents: None
Players under contract: 15
WASHINGTON WIZARDS
Summer transactions: Troy Brown Jr. (draft), Issuf Sanon (draft), Austin Rivers (trade), Jeff Green (one-year, $2.4 million) and Dwight Howard (two years, $11 million)
Cap-space breakdown
Adding Dwight Howard saw the Wizards' tax bill increase from $11.5 million to $18.3 million. Washington now has $135 million in committed salary and 14 guaranteed contracts.
Washington will get tax relief when Jodie Meeks serves the remainder of his suspension. The projected tax credit will save Washington $500,000.
Washington must make a decision on Thomas Bryant. The former second-round pick was claimed off waivers and has a July 5 cut date, when his $1.4 million contract will become guaranteed.
Exceptions: $5.3 million (tax), $1.3 million (trade) and $995,000 (trade)
Current free agents: Tim Frazier (early Bird), Chris McCullough (fourth-year restriction), Ty Lawson (non-Bird) and Ramon Sessions (non-Bird)
Players under contract: 14